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