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6501 E Interstate 20
Odessa, TX 79762

Marks Crane and Rigging · Industrial Property For Sale

Investment Highlights

  • Approximately 9 acres with I 20 frontage
  • NNN Tenant till 2026
  • Multiple shops with office and meeting

Executive Summary

Investment opportunity with I 20 frontage. 12,500 sq ft shop with additional storage buildings on approx. 9.42 acres. Tenant in place at $15,000 a month on a 3 year NNN lease with 3% annual rent increases and two 2 year extension options.

PROPERTY FACTS

Sale Type Investment
Net Initial Yield 6.67%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Manufacturing
  • Industrial Service
Building Class B
Lot Size 9.42 AC
Rentable Building Area 12,500 SF
Number of Floors 1
Year Built/Renovated 1967/2013
Tenancy Single

Amenities

  • Fenced Lot
  • Yard
  • Reception
  • Storage Space
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
178600001000000
Land Assessment
£377,507
Improvements Assessment
£275,186
Total Assessment
£652,693

zoning

Zoning Code FD (FD- Future Development District)
FD (FD- Future Development District)
  • Listing ID: 28489860

  • Date on Market: 15/05/2023

  • Last Updated:

  • Address: 6501 E Interstate 20, Odessa, TX 79762

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