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Investment Sale: Giant Tools USA, 9% Cap Rate 3927 S County Road 1290 9,618 SF Industrial Building Odessa, TX 79765 $2,326,999 CAD ($241.94 CAD/SF) 9% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Tenant: Giant Oil Tools
  • 9,618 SF on 2.29 Acres
  • Lease Expiration: 12/31/2029

EXECUTIVE SUMMARY

NRG Realty Group has been selected to exclusively market the opportunity to acquire the Giant Oil Tools property in Odessa, Texas featuring a 9,618 SF building on 2.29 acres exclusively leased to Giant Oil Tools. The lease runs through 12/31/2029 and features 3% annual increases and a triple net lease structure. The property is conveniently located between Hwy 80 & Interstate 20 off of SCR 1290 which runs over the railroad and to I-20.
This property boosts a five drive-in bay shop on 2.29 Acres in Midland, TX. The 3,593 SF office is setup as a large showroom with a break room, four private offices, and two restrooms all with central heating & air. The shop is foam insulated featuring (5) 16' overhead doors and 3-Phase power with 50 amp service between each door. Serviced by water well and septic system. Site is fully fenced and stabilized with caliche.

PROPERTY FACTS

Price $2,326,999 CAD
Price Per SF $241.94 CAD
Sale Type Investment
Cap Rate 9%
Property Type Industrial
Lot Size 2.29 AC
Rentable Building Area 9,618 SF
No. Stories 1
Year Built 2023
Tenancy Single
Clear Ceiling Height 17’
No. Drive In / Grade-Level Doors 5
Zoning Outside City Limits

UTILITIES

  • Water - Well
  • Sewer - Septic Field

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Miller's RV Specialties Inc
  • Transportation and Warehousing
  • -
  • -
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Miller's RV Specialties Inc Transportation and Warehousing - - Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R000007-876
Land Assessment
$96,766 CAD
Improvements Assessment
$1,732,355 CAD
Total Assessment
$1,829,122 CAD
  • Listing ID: 38072850

  • Date on Market: 2025-10-14

  • Last Updated:

  • Address: 3927 S County Road 1290, Odessa, TX 79765

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