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Investment Highlights

  • Fully occupied single-tenant flex industrial building with a NNN lease in place through 2029.
  • Modern construction completed in 2013, designed for warehouse and distribution efficiencies.

Executive Summary

411 S Meadow Ave at 411 S Meadow Ave, Odessa, TX 79761 offers an exceptional opportunity to acquire a stabilized industrial investment in the heart of Odessa. Built in 2013, this ±16,660 SF industrial/distribution facility sits on ±5.13 acres and is 100% leased to a single tenant, delivering immediate and predictable cash flow. Priced at $3,300,000, the property features a current NOI of $239,910 and a long-term lease with CPI escalators in place through December 2029, with a 5 year renewal option that adds continued income stability. This net-leased asset is ideal for investors seeking passive ownership with dependable revenue and minimal management demands. Strategically located with convenient access to Odessa’s major thoroughfares and industrial corridors, the site is well-positioned to support ongoing distribution and operational use. The combination of full occupancy, strong in-place income, and a modern industrial build makes this a compelling acquisition for investors looking to add a secure, income-producing asset to their portfolio.

Property Facts

Price $3,300,000
Price Per SF $198.08
Sale Type Investment NNN
Cap Rate 7.27%
Property Type Industrial
Property Subtype
Distribution
  • Industrial Warehouse
  • Industrial Service
  • FlexLight Distribution
Building Class C
Lot Size 5.13 AC
Rentable Building Area 16,660 SF
No. Stories 1
Year Built 2013
Tenancy Single
No. Dock-High Doors/Loading 1
Zoning ES2

Amenities

  • Signage
  • Storage Space
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
42300-00251-00500
Land Assessment
$141,148
Improvements Assessment
$1,206,771
Total Assessment
$1,347,919
  • Listing ID: 40991606

  • Date on Market: 6/19/2026

  • Last Updated:

  • Address: 411 S Meadow Ave, Odessa, TX 79761

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