Investment Sale: New Build - 60 Month Term - Sold!

2615 Holdridge, Midland, TX 79707

  • For Sale $2,400,000
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 14,500 SF
  • Lot Size 4.25 Acre
  • Additional Rent Contact for pricing
  • Date Updated Jun 10, 2024
  • HVAC None
Located in the highly sought-after, highly trafficked area of TX-191 and FM 1788 in Midland, TX. From the intersection of TX-191 and FM 1788, travel North 0.41 miles to W County Road 77 and turn East. Travel 0.31 miles to N County Road 1287 and turn North. Travel 0.39 miles to W County Road 74 and turn East. Travel 0.63 miles to the Property that is South of W County Road 74.NRG Realty Group is pleased to have been retained exclusively to market TBD CR 74, Lot 2, in Midland, TX, along with its associated lease held by Arrival Energy Solutions (US) L.P. (the “Property”). This high-yield, low-basis opportunity offers a strong, privately held international company with minimal Landlord responsibilities in a highly sought after location in the Permian Basin. The sale includes the subject property along with all the property’s improvements. This acquisition includes one (1) brand-new industrial building (Completion expected November 2023) totaling 14,500 square feet situated on a ±4.25 acres of land. It is approximately 1.73 miles NE of the intersection of TX-191 and N. FM 1788, which is a popular intersection in Midland/Odessa, TX. Both are major thoroughfares commonly used for the transportation of oilfield-related activities to and from West Texas and New Mexico. This 14,500 SF facility will feature 2,000 SF of office space, 2,000 SF of 2nd Floor Storage Space, 8,000 SF of Shop Space, 2,500 SF covered wash-bay, and a 10-ton crane.

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Highlights

  • 14,500 SF Building Under Roof
  • +/- 4.25 Acres
  • 2,000 SF Office Space
  • 2,000 SF 2nd Floor Storage Space
  • 8,000 SF Shop Space
  • 10-ton Crane Installed
  • (8) 14’x16’ OH Doors
  • (1) 20’x16’ OH Door
  • 2,500 SF Covered Wash-Bay
  • Outside of City Limits with Utilities provided by Enclosed Water Well and below-ground Septic Systems
  • 60 Months remaining on Initial NNN Lease

Contacts

broker

Larry Nielsen

NRG Realty Group

Location

Getting Around

  • Walk Score ®

    1/100 Car-Dependent
  • Bike Score ®

    25/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Midland, TX
  • Neighborhood Smith Park
  • Zip Code 79707
  • Market Midland Odessa

Points of Interest

  • Sunoco

    1.05 miles

  • Chevron

    4.19 miles

  • Sam's Club

    4.91 miles

  • Sunoco

    4.93 miles

  • Pilot

    4.98 miles

  • H-E-B Fuel

    5.00 miles

  • Kent Kwik Gas Station

    5.36 miles

  • Alon

    5.39 miles

  • Texaco

    5.55 miles

  • Kent Kwik

    6.14 miles

  • HEB Parking Lot

    5.04 miles

  • LHS Parking

    6.80 miles

  • Mesa Parking

    8.41 miles

  • The Tilted Kilt

    4.81 miles

  • Osaka Japanese Steakhouse

    4.84 miles

  • Clear Springs Cafe

    4.84 miles

  • Keith's Hamburger Station / Texas Soul Cafe

    4.93 miles

  • McDonald's

    4.97 miles

  • Domino's

    5.10 miles

  • Cracker Barrel

    5.19 miles

  • Texas Burger

    5.23 miles

  • Smiling Moose Deli

    5.27 miles

  • Schlotzsky's

    5.30 miles

  • Dorado Center

    4.78 miles

  • H-E-B

    5.03 miles

  • Main Street Market

    5.03 miles

  • Red Oak Plaza

    5.09 miles

  • Natural Grocers

    5.30 miles

  • Texas Pride Plaza

    6.09 miles

  • Albertsons

    6.10 miles

  • Target

    6.20 miles

  • Walmart Supercenter

    6.21 miles

  • Conn's HomePlus

    6.45 miles

  • Oceans Behavioral Hospital Permian Basin

    4.33 miles

  • Trailer Park Pharmacy

    4.43 miles

  • West Texas Physical Therapy

    4.91 miles

  • Midland Health

    4.93 miles

  • Midland Health Surgery Center

    4.95 miles

  • Sam's Pharmacy

    4.98 miles

  • Encompass Health Rehabilitation Hospital of Midland Odessa

    5.00 miles

  • H-E-B Pharmacy

    5.04 miles

  • Neighbors Emergency Center

    5.06 miles

  • Emergency Care Clinic

    5.15 miles

Frequently Asked Questions

How much does Investment Sale: New Build - 60 Month Term - Sold! cost?

The space currently listed for sale at Investment Sale: New Build - 60 Month Term - Sold! asks for $2,400,000.

What is the total square footage of Investment Sale: New Build - 60 Month Term - Sold!?

Investment Sale: New Build - 60 Month Term - Sold! totals 14,500 square feet.

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Contact Listing Broker

broker

Larry Nielsen

NRG Realty Group