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For Sale

Nationwide Truck Part Dealer - NNN, High Yield Opportunity

4010 FM 1788,
Midland, TX 79707
Represented by
NRG Realty Group

Asset Snapshot

Student Housing
Industrial Subtype
2002
Year Built
2024
Year Renovated
1.50 Acres
Land Area

Offering Summary

Investment Overview

NRG Realty Group has been selected to exclusively market M&D Distributors flagship Permian Basin branch located in Midland, Texas. M&D has provided “Trusted Diesel Solutions for Over 80 Years”! M&D currently operates over 50 locations throughout the United States. M&D executed a 5-year NNN lease at the subject property in 2024 which underwent renovations to support M&D’s operations & customer base. The 19,500 SF facility features a large walk-in showroom and sales counter area, a climate-controlled warehouse and a four-bay shop. The property is located at the intersection of FM 1788 and Interstate 20, a major artery for truck traffic through the Permian Basin and United States. This location offers premium exposure to prospective customers and was a key in M&D’s decision to locate here. Previously an auto mechanic and parts store, this property features a 19,500 SF facility with FM 1788 frontage in Midland, TX. Measuring approximately 150' x 120', this building has a front showroom/counter sales space, some office space, and back shop for repair work. The warehouse has 4 drive-through bays with 16' grade-level, overhead doors allowing for maintenance work.


Investment Highlights

  • Tenant: M&D Distributors
  • NOI: $291,696
  • Cap Rate: 9.89%
  • 19,500 SF on 1.5 Acres
  • Parts Storefront & Auto Mechanic Shop
  • 232' Frontage on FM 1788
  • 150' x 120' Building Measurement
  • 4 Drive-Through Bays
  • (8) 14' Overhead Doors
  • Front Showroom/Office Space
  • Outside City Limits

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$2,950,000
Asking Price

Investment Sales Broker

Justin Dodd
NRG Realty Group

Market Insights