2607 Holdridge Rd 2607 Holdridge Road 8,750 SF Industrial Building Midland, TX 79707 $1,742,105 ($199.10/SF) 9.50% Cap Rate

Discover a premier Class A industrial investment opportunity in the heart of Midland's thriving Permian Basin. Built in 2024, this 8,750 SF facility sits on 2.86 acres and is secured by a long-term Triple Net (NNN) lease through 2031, delivering immediate cash flow with a 9.5% cap rate and 3% annual rent increases. The property features modern office space, expansive shop area, a dedicated wash bay, seven overhead doors, and a 7.5-ton crane. Ideally positioned within Villa Industrial Park with convenient access to Highway 191, Highway 1788, and Interstate 20, this asset offers investors stable income, quality construction, and long-term growth potential.
Investment Highlights:
9.50% Cap Rate
$165,500+ Annual Net Operating Income
Single-tenant NNN investment
Lease in place through March 31, 2031
3% annual rental increases
New construction (2024)
Building Highlights
8,750 SF Class A industrial facility completed in 2024
2.86-acre fully improved industrial site
2,000 SF professional office space
5,500 SF warehouse/shop
1,250 SF dedicated wash bay
Seven 14' x 16' overhead doors
22-foot eave height
7.5-ton bridge crane
Fully fenced yard with ample outdoor storage
Located in Midland's premier Villa Industrial Park
Excellent access to Highway 191, Highway 1788 & Interstate 20