• Broker Jim Dunn 4696200274

1418 N Grant Ave 4,018 SF 100% Leased Industrial Building Odessa, TX 79761 $535,000 ($133.15/SF)

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INVESTMENT HIGHLIGHTS

  • Terrific Investment Opportunity

EXECUTIVE SUMMARY

Freestanding building. Building currently leased with $49,220 annual income/$4,101.67 per month. Income stream in place until 03/31/2028. Tenant has three (3) five-year options to extend lease with 10% rental increases every five (5) years.

ATTACHMENTS

TX-Odessa_1418 N Grant Ave_flyer
TX-Odessa_Property Boundary_CAD
TX-Odessa_1418 N Grant Ave-Survey_Site Plan

PROPERTY FACTS

Price $535,000 Building Class C
Price Per SF $133.15 Lot Size 0.19 AC
Sale Type Investment Rentable Building Area 4,018 SF
Sale Conditions
1031 Exchange
  • Ground Lease (Leased Fee)
 No. Stories 1
Property Type Industrial Year Built 1976
Property Subtype
Service
  • General Retail Auto Repair
  • General Retail Freestanding
  • Industrial Warehouse
 Parking Ratio 1.24/1,000 SF
Zoning Commercial - Commercial
Price $535,000
Price Per SF $133.15
Sale Type Investment
Sale Conditions
1031 Exchange
  • Ground Lease (Leased Fee)
Property Type Industrial
Property Subtype
Service
  • General Retail Auto Repair
  • General Retail Freestanding
  • Industrial Warehouse
Building Class C
Lot Size 0.19 AC
Rentable Building Area 4,018 SF
No. Stories 1
Year Built 1976
Parking Ratio 1.24/1,000 SF
Zoning Commercial - Commercial
Walk Score®
Very Walkable (75)

PROPERTY TAXES

Parcel Number 06400-00180-00000 Improvements Assessment $236,299
Land Assessment $17,892 Total Assessment $254,191

PROPERTY TAXES

Parcel Number
06400-00180-00000
Land Assessment
$17,892
Improvements Assessment
$236,299
Total Assessment
$254,191

MAP

ADDITIONAL PHOTOS

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