3927 S County Road 1290 - Industrial FOR SALE


Odessa, TX 79765
$1,667,000 USD
214-534-7976
3927 S County Road 1290, Odessa, TX for Sale
$1,667,000 USD
Industrial - FOR SALE
1/12
null | 9% Cap Rate

3927 S County Road 1290
Odessa, TX 79765


HIGHLIGHTS

  • Tenant: Giant Oil Tools
  • Lease Expiration: 12/31/2029
  • 9,618 SF on 2.29 Acres

OVERVIEW

NRG Realty Group has been selected to exclusively market the opportunity to acquire the Giant Oil Tools property in Odessa, Texas featuring a 9,618 SF building on 2.29 acres exclusively leased to Giant Oil Tools. The lease runs through 12/31/2029 and features 3% annual increases and a triple net lease structure. The property is conveniently located between Hwy 80 & Interstate 20 off of SCR 1290 which runs over the railroad and to I-20. This property boosts a five drive-in bay shop on 2.29 Acres in Midland, TX. The 3,593 SF office is setup as a large showroom with a break room, four private offices, and two restrooms all with central heating & air. The shop is foam insulated featuring (5) 16' overhead doors and 3-Phase power with 50 amp service between each door. Serviced by water well and septic system. Site is fully fenced and stabilized with caliche.

FOR SALE DETAILS

PRICE

$1,667,000 USD

PRICE/SF

$173 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Investment Sale: Giant Tools USA, 9% Cap Rate

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

UTILITIES

Water - Well, Sewer - Septic Field

CLEAR CEILING HT

17 Ft

DOCKS

-

DRIVE INS

5

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.29

LAND SF

99,752

ZONING

Outside City Limits

APN/PARCEL ID

R000007-876

ASK ABOUT THIS PROPERTY

Justin DoddNRG Realty Group, LLCMore Info
214-534-7976

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Justin DoddNRG Realty Group, LLCMore Info
214-534-7976

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