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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
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
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
42300-00251-00500
Land Assessment
$199,576 CAD
Improvements Assessment
$1,706,314 CAD
Total Assessment
$1,905,890 CAD
  • Listing ID: 40991606

  • Date on Market: 2026-06-19

  • Last Updated:

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

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