Investment Sale: New Build - 60 Month Term

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.