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7309 Andrews Hwy
Odessa, TX 79765
Investment Opportunity: 9.06% Cap, NNN Lease · Industrial Property For Sale

Investment Highlights

  • NNN Lease w/ Renewal Option
  • Multiple Dock Doors

Executive Summary

This investment offering presents a fully leased industrial property occupied by Tucker Valve Seat Co., a division of Cooper Machinery Services, located at 7305 & 7309 Andrews Highway in Odessa, Texas. The portfolio consists of two buildings: 7305 Andrews Highway, a 14,900 SF facility on 1 acre with 1,840 SF of office space and two 8’ dock doors, built in 1990; and 7309 Andrews Highway, a 12,336 SF building on 1 acre with 1,348 SF of office space, one 10’ dock door, and one 8’ dock door, built in 1974. The tenant occupies the space under a NNN lease expiring February 1, 2029, providing a current NOI of $145,000. This offering represents a rare opportunity to acquire a stable, income-producing industrial asset in the heart of Odessa at a sale price of $1,600,000.
The portfolio consists of two buildings: 7305 Andrews Highway, a 14,900 SF facility on 1 acre with 1,840 SF of office space and two 8’ dock doors, built in 1990; and 7309 Andrews Highway, a 12,336 SF building on 1 acre with 1,348 SF of office space, one 10’ dock door, and one 8’ dock door, built in 1974. These buildings have a combination of office and warehouse space.

Property Facts

Sale Type Investment
Cap Rate 9.06%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Warehouse
Building Class B
Lot Size 2.00 AC
Rentable Building Area 27,236 SF
No. Stories 1
Year Built 1974
Parking Ratio 0.44/1,000 SF

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 21100-00251-00000
  • 21100-00241-00000
Land Assessment
$56,825 CAD
Improvements Assessment
$1,280,545 CAD
Total Assessment
$1,337,370 CAD
  • Listing ID: 39807342

  • Date on Market: 2026-03-17

  • Last Updated:

  • Address: 7309 Andrews Hwy, Odessa, TX 79765

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