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- LoopNet Team
2690 S CR W
Odessa, TX 79766
Precision Catalyst · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Industrial Asset Totaling 14,080 Square Feet, Situated on 3.10 Acres
- Ten-Year Leaseback with Precision Catalyst with 15% Rental Increase in Year Six
- Precision Catalyst Manufactures High Quality Emission Control Catalysts In-House to Meet Today’s Demanding Regulatory Environment Standards
- Metal Construction Featuring Six Grade-Level Doors and 4,000 Square-Foot Addition in 2018
- Precision Catalyst is One of the Only Full-Service Catalyst Fabricators in the Nation and Has Seen Exceptional Growth Since its Inception
- Fully Fenced Lot with Electronic Gate, Offering Ample Outside Storage Space
PROPERTY FACTS
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Service | Year Built | 1974 |
| Building Class | C | Tenancy | Single |
| Lot Size | 3.10 AC | Parking Ratio | 0.91/1,000 SF |
| Rentable Building Area | 9,900 SF | No. Drive In / Grade-Level Doors | 7 |
| Zoning | ES1 | ||
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 3.10 AC |
| Rentable Building Area | 9,900 SF |
| No. Stories | 1 |
| Year Built | 1974 |
| Tenancy | Single |
| Parking Ratio | 0.91/1,000 SF |
| No. Drive In / Grade-Level Doors | 7 |
| Zoning | ES1 |
AMENITIES
- Fenced Lot
- Signage
- Reception
- Air Conditioning
- Fiber Optic Internet
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
ABOUT 2690 S CR W , ODESSA, TX 79766
Marcus & Millichap is pleased to present the opportunity to acquire the property located at 2690 South County Road West in Odessa, Texas, leased to Precision Catalyst. The subject property consists of approximately 14,080 square feet of space and is situated on 3.10 acres of land. The property features metal construction, six grade-level doors, and a 4,000-square foot addition in 2018. The asset includes a fenced lot with electronic gate, offering ample outside storage space and is located in South Odessa with easy access to Interstate 20 and Loop 338. Located in West Texas, the Midland-Odessa metro is considered to be an energy capital as the Permian Basin is one of the biggest oil fields in the world and is home to some of the largest petroleum-producing companies. The oil market has historically been volatile. When supply and demand pressures level out, prices will rebound and real estate values will follow.
PROPERTY TAXES
| Parcel Number | 34080-00604-00000 | Improvements Assessment | $501,413 |
| Land Assessment | $74,246 | Total Assessment | $575,659 |
PROPERTY TAXES
