411 S Meadow Ave - Distribution FOR SALE


Odessa, TX 79761
$3,300,000 USD
713-498-1998
411 S Meadow Ave, Odessa, TX for Sale
$3,300,000 USD
Distribution - FOR SALE
1/4
null | 7.27% Cap Rate

411 S Meadow Ave
Odessa, TX 79761


HIGHLIGHTS

  • Fully occupied single-tenant flex industrial building with a NNN lease in place through 2029.
  • Modern construction completed in 2013, designed for warehouse and distribution efficiencies.

OVERVIEW

411 S Meadow Ave at 411 S Meadow Ave, Odessa, TX 79761 offers an exceptional opportunity to acquire a stabilized industrial investment in the heart of Odessa. Built in 2013, this ±16,660 SF industrial/distribution facility sits on ±5.13 acres and is 100% leased to a single tenant, delivering immediate and predictable cash flow. Priced at $3,300,000, the property features a current NOI of $239,910 and a long-term lease with CPI escalators in place through December 2029, with a 5 year renewal option that adds continued income stability. This net-leased asset is ideal for investors seeking passive ownership with dependable revenue and minimal management demands. Strategically located with convenient access to Odessa’s major thoroughfares and industrial corridors, the site is well-positioned to support ongoing distribution and operational use. The combination of full occupancy, strong in-place income, and a modern industrial build makes this a compelling acquisition for investors looking to add a secure, income-producing asset to their portfolio.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$198 USD /SF

CAP RATE

7.27%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

ADD'L SUBTYPES

Warehouse, Service, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.13

LAND SF

223,463

ZONING

ES2

APN/PARCEL ID

42300-00251-00500

ASK ABOUT THIS PROPERTY

Phillip PughPugh Realty PartnersMore Info
713-498-1998

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Phillip PughPugh Realty PartnersMore Info
713-498-1998

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