2600 FM 1936 - Industrial FOR SALE


Odessa, TX 79763
$1,975,000 USD
432-582-2250
2600 FM 1936, Odessa, TX for Sale
$1,975,000 USD
Industrial - FOR SALE
1/10
null | 9.11% Cap Rate

2600 FM 1936
Odessa, TX 79763


OVERVIEW

The Havens Group, Inc. is pleased to offer the listing of this prime investment opportunity. Located in West Odessa with convenient access to I-20 and Hwy. 302. Constructed in 2022, the offering consists of two buildings totaling +/-16,552 SF. Building 1 - 2,442 SF of office consisting of 5 offices, kitchenette, 2 restrooms and an upstairs conference/training room. 4,735 SF of Shop with a full bathroom, including a shower. Building is spray-foamed with 3 OH doors. Sits on 1.7 Acres. Building 2 - 4,875 SF of useable space that would be perfect for a show room or parts room. 4,500 SF of Shop. Space also has 2 restrooms. Building is spray-foamed with 4 OH door creating 2 drive through bays. Sits on 1.2 Acres. Current tenant executed a 5-year lease in January 2025. Lease is a NN lease with rent escalation in year 3 and year 5. Lease rate escalation provides opportunity to increase effective cap rate to over 9.7%.

FOR SALE DETAILS

PRICE

$1,975,000 USD

PRICE/SF

$119 USD /SF

CAP RATE

9.11%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.9

LAND SF

169,884

ZONING

-

APN/PARCEL ID

20500-00110-00000

ASK ABOUT THIS PROPERTY

Dan WeaverHavens GroupMore Info
432-582-2250

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Dan WeaverHavens GroupMore Info
432-582-2250

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.