8700 TX-338 Loop - Warehouse FOR SALE
Odessa, TX 79764 |
$3,475,528 USD
858-373-3184
8700 TX-338 Loop
Odessa, TX 79764
HIGHLIGHTS
- Long Term Absolute Net Lease Featuring 2.75% Annual Rental Increases throughout the Initial Term and Two, 10-Year Extension Options.
- Mission-Critical Energy Services Market - Odessa Serves as a Central Hub for Drilling, Completion, Production, and Well Maintenance Activities.
- Wellbore Integrity Solutions is a Houston-based Global Company that Extends the Lifecycle of Oil, Gas, and Geothermal Wells.
- Core Permian Basin Location - Strategically Positioned in the Heart of the Permian Basin, the Most Active Oil & Gas Producing Region in North America.
- Strategic West Texas Footprint - West Texas Remains One of the most Critical Energy Production Regions Globally.
- Odessa, Texas, has seen Consistent growth over the Years, driven by the Energy Sector, Manufacturing, and an Expanding Retail Industry.
OVERVIEW
Wellbore Integrity Solutions | Long Term Absolute Net Lease w/ 2.75% Annual Increases | Global Company Specializing in Extending the Lifecycle and Performance of Oil, Gas, & Geothermal Wells | Core Permian Basin Location - Positioned in Strong Oilfield Corridor | Rapidly Growing Energy Hub | Along TX-338 Loop and Near Interstate-20 - East–West Freight Movement Across Texas
FOR SALE DETAILS
PRICE
$3,475,528 USD
PRICE/SF
$152 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
GLOBAL OIL & GAS WELLS INDUSTRIAL PROVIDER
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Warehouse
ADD'L SUBTYPES
Distribution, Manufacturing, Service
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1994
UTILITIES
-
CLEAR CEILING HT
24 Ft
DOCKS
-
DRIVE INS
12
PARKING SPACES
-
LAND DETAILS
LAND ACRES
6.85
LAND SF
298,386
ZONING
EA2
APN/PARCEL ID
40080-00246-00000,40080-00248-00000
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858-373-3184
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858-373-3184
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