Peak acquired this 13,300 SF single-tenant industrial warehouse property in Midland, Texas. The property is fully occupied by a third-party industrial tenant, providing stable in-place cash flow with future upside through continued rental growth and tenant retention.
Situated on 2.0 acres along Interstate 20, the asset was constructed in 2006/2009 and includes approximately 13,300 SF of warehouse and office space, plus an additional 4,800 SF covered storage area and a 540 SF storage shed. The facility features steel and masonry construction, surface parking, secure yard functionality, fire sprinkler systems, video surveillance, and direct frontage along a major transportation corridor serving the Midland industrial market.
Optimally located within the Midland-Odessa MSA in the heart of the Permian Basin, the property benefits from strong regional demand driven by oilfield services, energy production, logistics, and industrial users. Midland continues to experience population and employment growth supported by a diversified energy economy, expanding industrial infrastructure, and access to Interstate 20 and Midland International Air & Space Port. The asset’s functional industrial design, prominent highway visibility, and proximity to major energy operators position it well for long-term occupancy and durable value appreciation.
