150 E 45th St - Auto Repair FOR SALE


Odessa, TX 79762
$4,875,000 USD
404-369-4352
150 E 45th St, Odessa, TX for Sale
$4,875,000 USD
Auto Repair - FOR SALE
1/5
null | 5.85% Cap Rate

150 E 45th St
Odessa, TX 79762


HIGHLIGHTS

  • Zero landlord responsibilities - 15-year Absolute Triple Net (NNN) lease featuring 10% rental increases every 5 years throughout the initial term.
  • Brand new 2023 construction.
  • Strong guarantor - corporately guaranteed by the nation’s largest auto collision repair provider, operating 1,800+ locations across 41 states.
  • Below-market rents of $12.63/SF (CoStar market rents est. $25.50-$30.00).
  • High-traffic corridor near Walmart, Lowe’s, H-E-B, Chick-fil-A, and Odessa College, ensuring strong daily consumer exposure.
  • Positioned in one of the most economically vital regions in the U.S., supported by 113K+ residents and $1.1B+ in consumer spending within 5 miles.

OVERVIEW

Sands Investment Group is pleased to exclusively present for sale a 23,052 SF Caliber Collision located at 150 E 45th St, Odessa, TX. The lease is corporately guaranteed and backed by a strong tenant, featuring 13+ years of base term remaining, 10% rent increases every five years, and an Absolute Triple Net (NNN) Lease structure, providing zero landlord responsibilities. This property offers a secure, long-term investment opportunity with a reliable income stream and strong growth potential. In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481

FOR SALE DETAILS

PRICE

$4,875,000 USD

PRICE/SF

$211 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Caliber Collision - Odessa, TX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.71 AC

LAND SF

74,488 SF

ZONING

Heavy Commercial

APN/PARCEL ID

28610-01710-00000

ASK ABOUT THIS PROPERTY

Liam RowanSands Investment Group Atlanta, LLCMore Info
404-369-4352

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Liam RowanSands Investment Group Atlanta, LLCMore Info
404-369-4352

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.