Anixter | Midland, TX

Industrial

10309 W CR 146 Midland TX 79706
Price:
$ 5,908,000
Property Size:
25,050 sqft
Cap Rate:
6.5
NOI:
$ 384,000
Lot Size:
4.90 acres
Year Built:
2020
Status:
Sale

Anixter is a company based in Glenview, Illinois, United States that
was founded in 1957. The company supplies goods and services for
communications, security, networking, audio-visual, and industrial
control applications. Anixter is a Fortune 500 company (#359). On
January 13, 2020, Anixter agreed to be acquired by WESCO International
for $4.5B.

Prior to this transaction, Anixter had a Standard & Poor’s credit rating
of BB-. As of December 31, 2020, WESCO International had Revenues
of $12.3B and a Net worth of $3.3B.

INVESTMENT HIGHLIGHTS
❚ Long-term, highly passive NNN lease
❚ Brand new construction (2020)
❚ 2% annual rent increases
❚ Tenant paying market rent

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The information contained herein has been obtained from sources deemed reliable or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice.

Exclusive Listing

Jerry Hopkins
Executive Managing Director
918.878.9536
Kristian Nielsen
Managing Director
7135995114
Lic #: 557940
Ken Hedrick
Executive Managing Director
918.878.9540
Phillip Butts
Senior Analyst
918.878.9534

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