1418 North Grant Avenue
$249,000
1418 North Grant Avenue, Odessa, TX 79761
For Sale
Retail
Active
Last Updated: 08/27/2025
19.76
Cap Rate
Details:
Cap Rate: 19.76%
Description:
Property/Investment Highlights:
Net-leased investment opportunity with a strong tenant in place
Current lease in place through 03/31/2028
Corporate guaranteed lease
Tenant has three (3) five-year options to extend the lease with 10% rental increases every five (5) years
Recession and internet-proof tenant
Auto Glass Now has over 268 locations throughout the US
Freestanding industrial building totaling 4,018 SF
Regular/Ongoing maintenance
Hard corner location on N Grant Ave
Infrastructure and Transportation Redevelopment
Traffic Counts: 19,567 AADT (2023 - N. Grant Ave)
25 Minutes from Midland International Airport
Documents:
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522_Flyer_D13.pdf
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