8.50% Cap Rate NNN Investment Sale

2208 East County Road 130, Midland, TX 79706

Property Information

  • For Sale $1,905,882
  • Property Type Industrial - Manufacturing
  • Property Size 8,850 SF
  • Lot Size 2.91 Acre
  • Year Built 2023
  • Date Updated Apr 9, 2026
  • HVAC None

Description

Starting at the intersection of State Highway 349 (TX-349) and the Interstate 20 Frontage Road in Midland, Texas, head east along the I-20 Frontage Road for approximately 1.9 miles. Turn right onto FM 715 South and continue for about 2.1 miles. Then turn left onto East County Road 130; the property will be located a short distance ahead on the right at 2208 E County Rd 130, Midland, Texas 79706.This offering features an 8,850 SF industrial facility situated on 2.91 acres at 2208 E County Rd 130 in Midland, Texas, with convenient access to Interstate 20, TX-349, and TX-158. The improvements include 1,500 SF of office space and a functional shop layout with three drive-through bays and (7) 16’ x 14’ overhead doors, supporting efficient logistics, equipment movement, and service-oriented industrial operations. The site configuration and acreage provide operational flexibility that is increasingly scarce in the Midland market. The property is 100% leased on a five-year absolute NNN basis to the Tenant providing a passive income stream with minimal landlord responsibility. Current rent is $13,500 per month with offering predictable cash-flow while shifting taxes, insurance, and maintenance to the tenant. This lease structure limits expense exposure and enhances income durability. The Tenant is a West Virginia-based interstate freight carrier and serves industrial and toll-manufacturing supply chains by transporting raw materials and finished goods for third-party processors. The Tenant’s use is operational and logistics-driven rather than consumer-dependent, aligning well with the property’s layout and Midland’s industrial economy. Offered at an 8.5% cap rate, the asset presents an attractive yield profile supported by a true NNN lease, functional improvements, and strong roadway access in the Permian Basin. This 8,850 SF industrial property sits on approximately 2.91 acres at 2208 E County Rd 130 in Midland, Texas, offering a highly functional layout and excellent access to the region’s primary transportation corridors. The improvements include approximately 1,500 SF of office space, with the balance of the building configured for warehouse and shop operations. The shop features three drive-through bays and (7) 14’x16’ overhead bay doors, providing efficient circulation and flexibility for equipment-intensive users. Strategically located just minutes from Interstate 20, State Highway 349, and State Highway 158, the property allows for quick ingress and egress throughout Midland and the broader Permian Basin, making it well suited for oilfield service, logistics, or industrial users seeking yard space, accessibility, and operational efficiency.

Highlights

  • (7) 14’x16’ Overhead Doors forming 3 Drive-Through Bays
  • 1,500 SF Office | 7,350 SF Warehouse
  • 26’ Clear Height
  • 3 Docks (Secondary)
  • 8,850 SF on 2.91 Acres
  • Cap Rate: 8.50%
  • Covered Wash-Bay
  • Lease Term Through 12/31/2030
  • Quick Access to Interstate 20, TX-349, and TX-158
  • Septic & Water Well

Contacts

Justin Dodd

NRG Realty Group

Location

Located at 2208 East County Road 130, Midland, TX 79706, this property is part of the Ridgeheights neighborhood and Midland Odessa market.

Contact Listing Broker
Justin Dodd

NRG Realty Group

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