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GLOBAL OIL & GAS WELLS INDUSTRIAL PROVIDER 8700 TX-338 Loop 24,000 SF Industrial Building Odessa, TX 79764 $3,475,528 ($144.81/SF) 7.75% Cap Rate

Investment Highlights

  • Long Term Absolute Net Lease Featuring 2.75% Annual Rental Increases throughout the Initial Term and Two, 10-Year Extension Options.
  • Wellbore Integrity Solutions is a Houston-based Global Company that Extends the Lifecycle of Oil, Gas, and Geothermal Wells.
  • Strategic West Texas Footprint - West Texas Remains One of the most Critical Energy Production Regions Globally.
  • Mission-Critical Energy Services Market - Odessa Serves as a Central Hub for Drilling, Completion, Production, and Well Maintenance Activities.
  • Core Permian Basin Location - Strategically Positioned in the Heart of the Permian Basin, the Most Active Oil & Gas Producing Region in North America.
  • Odessa, Texas, has seen Consistent growth over the Years, driven by the Energy Sector, Manufacturing, and an Expanding Retail Industry.

Executive Summary

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

Property Facts

Price $3,475,528 Lot Size 6.85 AC
Price Per SF $144.81 Rentable Building Area 24,000 SF
Sale Type Investment NNN No. Stories 1
Cap Rate 7.75% Year Built 1994
Property Type Industrial Tenancy Single
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Service
 Clear Ceiling Height 24’
Building Class A No. Drive In / Grade-Level Doors 12
Zoning EA2 - Warehouse/Shop Zone
Price $3,475,528
Price Per SF $144.81
Sale Type Investment NNN
Cap Rate 7.75%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Service
Building Class A
Lot Size 6.85 AC
Rentable Building Area 24,000 SF
No. Stories 1
Year Built 1994
Tenancy Single
Clear Ceiling Height 24’
No. Drive In / Grade-Level Doors 12
Zoning EA2 - Warehouse/Shop Zone

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Wellbore Integrity Solutions
  • Retailer
  • 24,000 SF
  • -
  • Triple Net
  • Sep 2043
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Wellbore Integrity Solutions Retailer 24,000 SF - Triple Net Sep 2043

Links

1 1

Property Taxes

Parcel Numbers
Multiple
  • 40080-00248-00000
  • 40080-00246-00000
 Improvements Assessment $1,223,973
Land Assessment $164,256 Total Assessment $1,388,229

Property Taxes

Parcel Numbers
Multiple
  • 40080-00248-00000
  • 40080-00246-00000
Land Assessment
$164,256
Improvements Assessment
$1,223,973
Total Assessment
$1,388,229
(858) 373-3184

Still interested?

Contact the brokers for more information about this property

Contacts

  • Alvin Mansour
    Alvin Mansour
  • Jon Talia
    Jon Talia

  • Listing ID: 39406185

  • Date on Market: 2/11/2026

  • Last Updated:

  • Address: 8700 TX-338 Loop, Odessa, TX 79764

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GLOBAL OIL & GAS WELLS INDUSTRIAL PROVIDER | 8700 TX-338 Loop
(858) 373-3184 x

GLOBAL OIL & GAS WELLS INDUSTRIAL PROVIDER | 8700 TX-338 Loop

Alvin Mansour
(858) 373-3184

Jon Talia
(858) 373-3186

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