9% Cap Rate - Industrial Outdoor Storage

The property is located on FM 715 in Midland. Approximately 4 miles South of I-20, 2.4 miles East of St Hwy 349, and 16 miles to the Midland International Airport.NRG Realty Group has been selected to exclusively market this exceptional industrial investment opportunity in Midland, Texas. The property is fully leased to ASL Group US Co., a heavy-duty repair and fleet maintenance company expanding into the U.S. market with strong roots in the industry. Backed by its affiliation with Aftermarket Solutions, a well-established Canadian firm, ASL brings over two decades of hands-on experience and a proven reputation for quality, reliability, and performance. Secured under a 7-year Triple Net lease, this investment offers a 9% cap rate and a first-year NOI of $240,000, providing immediate, stable cash flow from a growing international operator. The 13,500 SF facility, built in 2019, sits on 4.23 fenced and secured acres and features a 7,125 SF shop with a 10-ton crane, 2,250 SF of office space, 1,875 SF wash-bay, and 2,250 SF of second-floor living quarters. With its modern design, versatile layout, and quality tenancy, this property represents a rare opportunity to acquire a turnkey industrial asset positioned for long-term success.