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Highlights

  • 8511 W Interstate 20 is a 16,268-SF industrial warehouse on 5 acres featuring a 2,000-SF covered wash bay, plus fenced and gated outdoor storage yard.
  • Rising market with the number of households up 14% from 2020 to 2025 and projections calling for another 12.5% by 2030 within a 3-mile radius.
  • Features include 7 oversized drive-in doors, front and back roof overhangs, a 7,884-SF warehouse, heavy power, and 8,384-SF of office/mezzanine space.
  • Desirable off-interstate position, five minutes to Midland Air & Space Port and 15 to 20 minutes to the geographical centers of Midland or Odessa.

Features

Drive In Bays
7

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 12,076 SF
  • Negotiable
  • $17.00 /SF/YR $1.42 /SF/MO $205,292 /YR $17,108 /MO
  • Industrial
  • Partial Build-Out
  • Now
  • Lease rate does not include utilities, property expenses or building services
  • 7 Drive Ins
  • Central Air Conditioning
  • Includes 7,884 SF of dedicated office space
  • Space is in Excellent Condition
  • Yard
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor 12,076 SF Negotiable $17.00 /SF/YR $1.42 /SF/MO $205,292 /YR $17,108 /MO Industrial Partial Build-Out Now

1st Floor

Size
12,076 SF
Term
Negotiable
Rental Rate
$17.00 /SF/YR $1.42 /SF/MO $205,292 /YR $17,108 /MO
Space Use
Industrial
Build-Out
Partial Build-Out
Available
Now

1st Floor

Size 12,076 SF
Term Negotiable
Rental Rate $17.00 /SF/YR
Space Use Industrial
Build-Out Partial Build-Out
Available Now

  • Lease rate does not include utilities, property expenses or building services
  • Includes 7,884 SF of dedicated office space
  • 7 Drive Ins
  • Space is in Excellent Condition
  • Central Air Conditioning
  • Yard

Matterport 3D Tour

Explore 8511 W Interstate 20

Property Overview

8511 W Interstate 20 was previously utilized by an oil equipment servicer that delivered specialized products, like coiled tubing, nitrogen, and mixing plants, with a fleet of heavy-duty vehicles stationed here, showcasing the property’s efficacy for intensive industrial operations. A 4,192-square-foot first-floor office and a second-floor mezzanine office of the same size allow for on-site administrative functions, while 2,400-square-foot roof overhangs at the front and rear of the building provide covered loading or parking. The 7,884-square-foot warehouse has three oversized drive-in doors on each side, providing cross-loading capabilities, and a drive-in door at the back covered by the roof overhang. The expansive 5-acre tract features a fenced, gated yard, affording ample industrial outdoor storage, and a 2,000-square-foot covered wash bay. Midland and Odessa form the heart of the Permian Basin, a nation-leading oil-producing region, and 8511 W Interstate 20 is directly between the two cities, placing it at the true center of this prolific region. Aerospace, aviation, defense, and alternative energy have also become rising stars in the professional landscape, and Midland itself boasts the fifth-largest economy in Texas. Growth statistics reflect this flourishing market as thousands move here for excellent jobs and a low cost of living. Its location off the highway grants tenants frictionless access to oil fields and other service hubs, plus quick connections to amenities and residential areas that help attract employees. About 90,000 workers can reach the site in 15 minutes, and about 40% work in the industrial sector.

Warehouse Facility Facts

Building Size
12,076 SF
Lot Size
5.00 AC
Year Built
2013
Construction
Steel
Zoning
No Zoning - No Zoning Regulations

Marketing Brochure

More Attachments

View the 8511 W I-20 FLYER
View the Floor Plan
Exceptionally drivable
100/100
Not bikeable
10/100

Demographics

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
City
Population
Miles
Drive Time
El Paso
682,669
298
4 h 55 m
Fort Worth
895,008
309
5 h 24 m
San Antonio
1,532,233
324
5 h 49 m
Austin
964,254
338
6 h 23 m
Dallas
1,345,047
350
6 h 12 m
Houston
2,325,502
493
9 h 27 m
Access and Labor Force
10 Miles
Total Population
174,148
Total Labor Force
101,317
Unemployment Rate
2.69%
Median Household Income
$88,261
Warehouse Employees
12,224
High School Education Or Higher
86.60%

Nearby Amenities

Hotels

Four Points by Sheraton
107 rooms
10 min drive
Hilton Garden Inn
157 rooms
12 min drive
Homewood Suites by Hilton
118 rooms
13 min drive
Spark by Hilton
71 rooms
12 min drive
TownePlace Suites
92 rooms
12 min drive

Leasing Team

Leasing Team

Wes Gotcher, President, Managing Broker
Wes Gotcher joined MREC as the Director of Portfolio Operations in April 2011 and serves as Vice President of Asset Management and Brokerage Services. Since MREC Brokerage Services inception in 2013, Gotcher has totaled $139mm in lease/sale transactions. Wes gained experience in multifamily asset management with ERC Properties where he served as Regional Vice President and managed multifamily portfolios in Kansas, Missouri and Iowa. Gotcher later worked with the Trammell Crow Company in Oklahoma City as an Associate Broker and specialized in retail leasing and land sales. Wes holds a BBA in General Business, Pre-law from Oklahoma Christian University where he also was an honors graduate with an MBA specializing in Leadership & Organizational Development.
Stephanie Gauthier, Transaction Coordinator and Marketing Specialist
Stephanie Gauthier is a Transaction Coordinator and Marketing Specialist
Trey Dennis, Broker
In Trey’s first 4 years of his career at Moriah Brokerage Services, he has been able to work on significant assignments representing some of the Permian Basin’s most recognized names. These groups include CononoPhillips, Occidental Petroleum, Baker Hughes, Warren Cat, Apache, Tenaris, Weatherford, Lufkin Industries, Midland Independent School District, Midland County, Hearst Corporation, The Bynum School and more. Trey has also had experience in helping clients with full scale ground up development from buying land to develop, to disposing of an asset that is producing rental income.

Trey moved to Midland in May of 2019 after graduating from Abilene Christian University to start working at Moriah Brokerage Services. Trey and his wife Madison married in August of 2019 and welcomed their first child in July of 2021.

Trey enjoys every aspect of working in Commercial Real Estate, helping buyers, sellers, tenants and Landlords in every asset class. He specifically enjoys working with clients who are interested in development, whether it be Industrial or Retail. When not on a site tour during the week, you will find Trey with his beautiful wife and daughter soaking up everything West Texas has to offer during the weekend.
Jack Oduro, Broker Associate
Broker Associate for Moriah Brokerage Services, LLC in Midland, TX.

About the Owner

Read More
  • Listing ID: 31546287

  • Date on Market: 4/18/2024

  • Last Updated:

  • Address: 8511 W Interstate 20, Midland, TX 79706

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