Investment Sale: 60 Months Remaining, STNL 14210 W Highway 80 E

NRG Realty Group is pleased to present the opportunity to acquire a low basis single-tenant net lease industrial property with highway frontage in Odessa, Texas. The property was recently leased on a 62-month initial term to Toro Complete Services, Inc. dba Toro-Emory (“Toro”). Toro is a long-standing local business that operates multiple divisions. Their deep-rooted relationships with customers have allowed them to grow and flourish for over 20 years. Toro is moving their industrial insulation business into the property along with a portion of their oilfield supply business. The highway frontage of the subject property was a main attractant to the business. The below market rental rate creates an opportunity for value add investors to have cash flow and then increase yields in the future.
Three building industrial complex on W Hwy 80 E in Midland, TX available for sale! This property boasts 36,650 SF total on 2.75 Acres. The main office/warehouse is 14,000 SF consisting of multiple private offices, a sales counter area, and 2 warehouse sections with grade-level doors. The East Office/Warehouse is 16,400 SF holding 2,500 SF of updated, executive office space, shop space, and a wash-bay. There is a 25' x 250' (6,500 SF) warehouse on the West side of the lot. The site is fully fenced with 400' of frontage on W Hwy 80 E.