5103 WCR 128
$2,100,000
For Sale
Property Description
Presenting an exceptional commercial property opportunity located at 5103 WCR 128 in Midland, Texas. Constructed in 2024, this property offers modern facilities perfectly suited for commercial use.
Situated on approximately 2.5 acres of land, the property features a 3,000 square feet office space and a 6,000 square feet shop, totaling 9,000 square feet of functional area. The property includes wash bays for added convenience and functionality.
With seven oversized overhead doors measuring 14'x16' and an eave height of 22', the property provides easy access for vehicles and equipment.
Currently leased until January 30, 2029, with two three-year extension options, the property generates a Net Operating Income (NOI) of $186,360, resulting in a cap rate of 8.87%. Priced at $2.1 million, with a price per square foot of $233.33, this listing presents a promising investment opportunity.
For those seeking a well-located commercial property with stable returns, 5103 WCR 128 offers a compelling option. Contact us for more information or to schedule a viewing.
Levels
Built Year
2024
Sqft
9,000 SF
Main Location
Midland, Tx
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