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Warehouse For Sale Texas

Andrews, TX

This property totals 10,000 SF on 2 Acres, with a brand new roof. There is 2,000 SF of office space including three private offices, a break room, conference room, and a waiting area with built in secretarial desk. The 8,000 SF warehouse has 6 drive-in bays, (2) 500-pound jib cranes, locker room, shop fans, and shop heaters. There are utility connections for (2) 7-room camp trailers with separate septic. The property also has laundry facilities and a fuel dock.

The yard is compacted rock, fully fenced, and fully lit with pole lights. There are two electric gates on Mustang Dr and another at the rear of the property for access to Sunset St. This makes it convenient for trucks to drive through the property.

$1,325,000
Sale Price
10.48%
Cap Rate
10,000
Building SF
2 acres
Lot Size
Industrial
Asset Type
Core
Investment

Why this is a good deal

This property is leased by Innovex, a billion dollar company traded on the NYSE, with over 2600 employees worldwide. There are 3% rent bumps through December 2028. This location is a full service spooling company serving customers in the Permian and Delaware Basins, offering capillary tubing work-over and pressure testing services.

Download the property flyer (PDF)