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411 S Meadow Ave 16,660 SF Flex Building Odessa, TX 79761 $4,673,130 CAD ($280.50 CAD/SF) 7.27% Cap Rate



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 | $4,673,130 CAD | Lot Size | 5.13 AC |
| Price Per SF | $280.50 CAD | Rentable Building Area | 16,660 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 7.27% | Year Built | 2013 |
| Property Type | Flex | Tenancy | Single |
| Building Class | C | ||
| Zoning | ES2 | ||
| Price | $4,673,130 CAD |
| Price Per SF | $280.50 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 7.27% |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 5.13 AC |
| Rentable Building Area | 16,660 SF |
| No. Stories | 1 |
| Year Built | 2013 |
| Tenancy | Single |
| Zoning | ES2 |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 42300-00251-00500 | Improvements Assessment | $1,706,314 CAD |
| Land Assessment | $199,576 CAD | Total Assessment | $1,905,890 CAD |
Property Taxes
Parcel Number
42300-00251-00500
Land Assessment
$199,576 CAD
Improvements Assessment
$1,706,314 CAD
Total Assessment
$1,905,890 CAD
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411 S Meadow Ave
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