Investment Opportunity: 9.06% Cap, NNN Lease

7305-7309 Andrews Hwy, Odessa, TX 79765

Property Information

  • For Sale $1,600,000
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 27,236 SF
  • Lot Size 2 Acre
  • Year Built 1974
  • Date Updated Apr 9, 2026
  • Office Area 3,188 SF
  • HVAC None

Description

Located on Andrews Hwy (US Hwy 385) in Odessa, TX, near the Odessa-Schlemeyer Field Airport.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.

Highlights

  • $145,000 NOI
  • 27,236 SF on 2 Acres
  • Built in 1974 & 1990
  • Multiple Dock Doors
  • NNN Lease w/ Renewal Option
  • Office & Warehouse Space

Contacts

Justin Dodd

NRG Realty Group

Location

Located at 7305-7309 Andrews Hwy, Odessa, TX 79765, this property is part of the Odessa neighborhood and Midland Odessa market.

Contact Listing Broker
Justin Dodd

NRG Realty Group

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