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5505 S FM 1788
Midland, TX 79706
7,500 SF on 2.36 Acres · Industrial Property For Sale

PROPERTY FACTS

Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 2.36 AC
Rentable Building Area 7,500 SF
No. Stories 1
Year Built 2012
Tenancy Single
Parking Ratio 10/1,000 SF
Clear Ceiling Height 22’
No. Drive In / Grade-Level Doors 3
Zoning C1

AMENITIES

  • Fenced Lot
  • Security System
  • Yard
  • Fluorescent Lighting
  • Air Conditioning

UTILITIES

  • Lighting - Fluorescent
  • Water - Well
  • Sewer - Septic Field

ABOUT 5505 S FM 1788 , MIDLAND, TX 79706

NRG Realty Group is pleased to present B&B Rentals & Manufacturing’s Midland, Texas location for your consideration. The property consists of a single tenant industrial building totaling 7,500 SF on 2.36 acres that was built in 2012 and expanded for the tenant in 2018. The property features 1,250 SF of office, 6,250 SF of warehouse/production space with a 10-ton crane, and an additional 650 Sf covered wash bay, fenced and stabilized storage yard, with direct access and visibility from 1788, a major thoroughfare in Midland/Odessa. This convenient location is less than two miles from I-20 and directly between the two cities with an abundance of industrial growth nearby. This opportunity provides for stable income at a high return while limiting risk with a triple net lease with limited Landlord responsibility (roof and structure). The facility offers attributes not typically found in similarly sized facilities in the market such as the 10-ton crane, 3 phase 480v power, wash bay, and excellent visibility from a major thoroughfare. Leased through 4/15/2023.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R000207-937
  • R000207-938
Land Assessment
$49,560
Improvements Assessment
$723,920
Total Assessment
$773,480
  • Listing ID: 16305583

  • Date on Market: 6/10/2019

  • Last Updated:

  • Address: 5505 S FM 1788, Midland, TX 79706

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