Marcus & Millichap is pleased to present the opportunity to acquire the property located at 2040 Trade Drive in Midland, Texas, leased to Acuren Inspection, Inc. The subject property consists of approximately 10,900 square feet of industrial space and is situated on 1.35 acres of land. The asset features a clear height of 20 feet, 2,400 square feet of office space, four overhead doors, and a dedicated wash bay. Positioned between Downtown Midland and Midland Airport just off South Loop 250, the property benefits from a strategic location for industrial operations. Occupied by Acuren Inspection, the tenant is a leading North American provider of testing, inspection, certification, and compliance services. Founded in 1974 and headquartered in Tomball, Texas, Acuren employs over 5,500 people across more than 110 locations and provides services that help industrial clients maintain safe and reliable operations. The tenant operates under a triple-net lease with approximately 5 years remaining, along with four 5-year renewal options, providing investors with stable cash flow.
At $14.31 per square foot, Acuren Inspection, Inc. is signed to a triple-net lease that runs through February 28, 2031. The tenant has four options to renew the lease for five years each, featuring a ten percent increase in the base rent. Founded in 1974, Acuren (NYSE: TIC) is a leading Testing, Inspection and Certification (TIC) company servicing the industrial space. Through over fifty company acquisitions, Acuren currently operates out of over 110 locations in North America and has over 5,500 employees.
Midland is the center of America’s oil and gas production. Petroleum production and all things in between are prevalent in the area, but Midland is making great efforts and success in diversifying into additional industries such as aerospace. Interstate 20 runs through Midland, making it easy to transport goods and raw materials throughout the country. Rated the No. 1 state for business by U.S. corporate executives, this is an excellent place to start or grow a business in Texas. (midlandtxedc.com). Major employers include: Halliburton, Hilliard, Legacy Reserves, Midland College, Midland Health, Patterson-UTI, Pioneer Natural Resources, Schlumberger, Weatherford, Baker Hughes, Chevron, ConocoPhillips, Bloomberg, and more.
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services of Nevada, Inc. © 2026 Marcus & Millichap. All rights reserved. (Activity ID: ZAG0060701)
