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150 E 45th St
Odessa, TX 79762

$4,875,000 USD

Auto Repair For Sale  •  23,052 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 23,052 SF
  • Lot Size 1.71 AC
  • Building Class B
  • Year Built 2024
  • Cap Rate 5.85 %
  • Tenancy Single
  • Zoning Heavy Commercial
0 Transit Score
48 Walk Score

Highlights

Zero landlord responsibilities - 15-year Absolute Triple Net (NNN) lease featuring 10% rental increases every 5 years throughout the initial term.
Brand new 2023 construction.
Strong guarantor - corporately guaranteed by the nation’s largest auto collision repair provider, operating 1,800+ locations across 41 states.
Below-market rents of $12.63/SF (CoStar market rents est. $25.50-$30.00).
High-traffic corridor near Walmart, Lowe’s, H-E-B, Chick-fil-A, and Odessa College, ensuring strong daily consumer exposure.
Positioned in one of the most economically vital regions in the U.S., supported by 113K+ residents and $1.1B+ in consumer spending within 5 miles.
Cap Rate: 5.85 %

Major Tenants

Tenant SF Occupied Lease End Date
Caliber Collision 23,052 SF 4/30/2039

Amenities

  • Tenant Controlled HVAC
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Midland International Air And Space Port 21 min - 14.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Liam Rowan 404-369-4352 Sands Investment Group Atlanta, LLC
Liam Rowan 404-369-4352 Sands Investment Group Atlanta, LLC