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33793336
33793304

411 South Meadow Avenue, Odessa, TX 79761

PP
TX 652622
Pugh Real Estate
Listed by Pugh Real Estate
$3,300,000
11 days on market
Updated 11 days ago

411 S Meadow Ave

Details
Property Type Industrial
Sub Type Distribution, Flex (+1)
Square Footage 16,660
Net Rentable (SqFt) 16,660
Cap Rate 7.27%
NOI $239,910
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Expiration 12/31/2029
Rent Bumps Yes
Price per SqFt $198
Class C
Year Built 2013
Buildings 2
Acreage 5.130
Zoning ES2
Ground Lease No
Loading Docks 3
Dock High Doors 1
Sale Condition N/A

100% Leased | 16,660 SF | Investment Opportunity

Marketing description

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.

Investment highlights

Key Investment Highlights

  • Single-Tenant Net-Leased Investment Opportunity
  • 100% Leased 16,660 SF Commercial Asset
  • Offered at $3,300,000
  • Current NOI of $239,910
  • Long-Term Lease in Place Through 2030
  • Renewal Option Provides Continued Income Stability
  • Stabilized Cash Flow with In-Place Tenant
  • Passive Investment Opportunity with Predictable Revenue Stream

Listing Contacts

PP
TX 652622
Pugh Real Estate
Listed by Pugh Real Estate

Valuation Calculator

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$239,910.00
$19,992.50/mo

Valuation Metrics

0
DSCR
7.27%
Cap Rate
7.27%
ROI

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Additional Information

Name
Phillip Pugh
License
652622
Brokerage
Pugh Realty Partners
Title
Sr Associate
Brokerage Address
1201 Bering Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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