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GLOBAL OIL & GAS WELLS INDUSTRIAL PROVIDER 2120 Maurice Rd 45,175 SF Industrial Building Odessa, TX 79763 $6,541,957 ($144.81/SF) 7.47% 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 | Excellent Connectivity to I-20 - East–West Freight Movement Across Texas
Property Facts
Amenities
- 24 Hour Access
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Wellbore Integrity Solutions
- Retailer
- 45,175 SF
- -
- Triple Net
- Sep 2043
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Wellbore Integrity Solutions | Retailer | 45,175 SF | - | Triple Net | Sep 2043 |
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Property Taxes
| Parcel Number | 36450-00030-00000 | Improvements Assessment | $2,704,020 |
| Land Assessment | $91,765 | Total Assessment | $2,795,785 |
Property Taxes
Parcel Number
36450-00030-00000
Land Assessment
$91,765
Improvements Assessment
$2,704,020
Total Assessment
$2,795,785
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GLOBAL OIL & GAS WELLS INDUSTRIAL PROVIDER | 2120 Maurice Rd
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