A prime industrial investment opportunity has hit the Midland market with the Roadkill Diesel Performance warehouse at 5605 E Loop 250 N. This 5,000-square-foot facility sits on a 1.51-acre lot and features two industrial buildings with 16-foot ceiling heights, two grade-level doors, and two RV hookups. Built in 2022, the property offers a modern metal construction, ensuring durability and efficiency. The triple-net (NNN) lease extends through August 2027, generating a net operating income (NOI) of $70,200 and offering a 10.03% cap rate for potential investors.
Positioned with frontage along Loop 250, the warehouse provides easy access to Interstate 20, a major transport route through the Permian Basin. The asset is designed for flexibility, with the ability to lease the buildings separately in the future, making it adaptable for a wider range of industrial tenants. The current lease rate of $14.04 per square foot presents an attractive return on investment, with strong market demand for industrial properties in Midland’s growing economy.
Investors looking for a high-yield property in a strategic location will find this well-maintained warehouse to be a valuable addition to their portfolio. The single-tenant lease with Roadkill Diesel Performance ensures stability, while the versatile property layout allows for future growth and reconfiguration based on market needs.
Building Size: 5,000 SF
Price: Contact Broker
Cap Rate: 10.03%
Net Operating Income (NOI): $70,200
Lot Size: 1.51 Acres
Year Built: 2022
Ceiling Height: 16 Feet
Property Type: Industrial (Warehouse)
Lease Type: Triple-Net (NNN)Tenancy: Single
Agency
Marcus & Millichap
Agent: Adam Abushagur | TX License #661916
Agent: Davis Cagle | TX License # Pending
For more detailed information, view the full listing here.