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3318 S County Road 1180
Midland, TX 79706
Smart Chemical Services, Midland TX · Industrial Property For Sale
PROPERTY FACTS
| Property Type | Industrial | Rentable Building Area | 6,750 SF |
| Property Subtype | Warehouse | No. Stories | 1 |
| Building Class | B | Year Built | 2017 |
| Lot Size | 3.09 AC | Tenancy | Single |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 3.09 AC |
| Rentable Building Area | 6,750 SF |
| No. Stories | 1 |
| Year Built | 2017 |
| Tenancy | Single |
ABOUT 3318 S COUNTY ROAD 1180 , MIDLAND, TX 79706
TREK Investment Group is pleased to offer for sale Smart Chemical Services in Midland, Texas. The property is situated at the northwest corner of the intersection formed by South County Road 1180 and East County Road 120. Located approximately five miles southeast of the Midland Central Business District, the property is surrounded by like industrial (petroleum-related) and agricultural developments. The six acre subject site includes a 6,700 SF building offering 1,700 SF (or 25%) office space and 5,000 SF warehouse space, and an equipment yard. This property offers an investor (basically) new, absolute NNN lease with 1.5% annual rent increases and no landlord responsibilities. The current tenant Smart Chemical Services, LP, is an entity of Integrated Advantage Group (IAG), a vertically integrated oil and gas group, comprised of two main companies- Panhandle Express Energy Services, LLC and Smart Chemical Services.
PROPERTY TAXES
| Parcel Number | 0066540.000.0040 | Improvements Assessment | $1,471,310 |
| Land Assessment | $52,460 | Total Assessment | $1,523,770 |
PROPERTY TAXES
