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11902 West County Road 58
Midland, TX 79707
Asking Price
$1.25M
Asset Type
Warehouse Industrial
Class
Class B
What's Special
<ul><li>Vacant 8,302-Square-Foot Industrial Asset Situated on 2.00 Acres</li><li>Delivered in 2018, Featuring Metal Construction, Five Overhead Doors, 25-Foot Clear Height, & One Phase 240V Power</li><li>Close Proximity to Major Thoroughfares: 1788, Highways 349 & 191, and I-20</li><li>Ideal for Variety of Owner Uses or Lease-Up Investment Opportunity</li><li>No Industrial Properties Available for Lease within One-Mile Radius at Time of Listing</li><li>Limited New Supply in Midland Market,
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NOI
$80,000
Cap Rate
6.40%
DSCR
1.08
Tight
Cash-on-Cash
1.54%
Monthly Payment
$6,184.318
Annual Cash Flow
$5,788.184
