Short Term SLB - Kodiak Gas Services - Midland, TX

3110 S County Rd 1180 | Midland, TX 79706

$4,050,000

Sale Price

Property Details

Sale Price:$4,050,000
Year Built:2022
Property Type:Industrial
Building Size:23,054 SF

Property Description

NRG Realty Group has been selected to exclusively market the Kodiak Gas Services LLC (NYSE: KGS) facility in Midland, TX. The opportunity includes the acquisition of 9.805 acres of land with two (2) buildings totaling 23,054 SF. KGS is proposing a 18-month leaseback of the asset. The main office/warehouse is 12,939 SF with 5,112 SF of Class-A office finish out and 7,827 SF of functional shop space that has five (5) drive through bays plus a 10-ton bridge crane . The second building totals 10,115 SF and is comprised of 3,524 SF of office space and 6,591 SF of warehouse space.

Main office/warehouse of 12,500 SF with 5,000 SF office and 7,500 SF warehouse with 5 drive-through bays, 23' eave height, 16' doors, and crane served plus a secondary office/warehouse building of 7,750 SF with approximately 3,500 SF office, 4,000 SF warehouse space, and an extra 2,500 SF of covered storage. The site is 9.8 acres with two automatic gates, covered and paved surface parking. There are three (3) man-camp trailers being utilized as additional office space. There is a natural gas gathering line on the north side of the property as well as running through the back side of the property.

Location Description

The property is located outside city limits, less than a mile from interstate 20 and offers convenient access to major thoroughfares. Located in Midland, TX - the heart of the Permian Basin.

Highlights

  • 23,054 SF on 9.805 Acres
  • 12,939 SF Main Office/Warehouse
  • 5,112 SF Office | 7,827 SF Shop
  • 26’ Eave Height
  • 5 Drive-Through Bays w/ 16’ Overhead Doors
  • Crane Served – 10-ton bridge crane
  • 10,115 SF 2nd Office/Warehouse Building
  • 3,524 SF Office | 6,591 SF Warehouse
  • Fully Fenced Yard w/ 2 Automatic Gates
  • Additional 8,000 SF of Covered Parking
  • Utility connections for (3) mobile trailers

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Kodiak 3110 SCR 1180 IOM.pdf
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0.3 Miles 0.5 Miles 1 Miles
Total households 13 68 304
Total population 38 189 858
Population white 57.9% 58.7% 55.2%
Population black 0.0% 0.0% 1.5%
Population hispanic 44.7% 44.4% 48.3%
Population asian 0.0% 0.5% 0.3%
Population pacific islander 0.0% 0.0% 0.0%
Population american indian 0.0% 0.5% 0.6%
Population other 15.8% 16.9% 17.9%
Persons per household 2.9 2.8 2.8
Average household income $153,061 $153,061 $142,310
Average house value $361,733 $361,733 $343,839
Average age 41 41 40
Average age male 40 40 39
Average age female 42 42 41
Demographics data derived from AlphaMap