19% Cap Rate - Corporate Guarantee w/ Auto Glass Now!
$249,000
1418 North Grant Avenue, Odessa, TX 79761
19.76
Cap Rate
Details:
Description:
FRE Auctions - https://FRE.com/522D6
Starting Bid: $249,000, Suggested Value: $575,000
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:
| Title | ||
|---|---|---|
|
522_Flyer_D13.pdf
|
Location
Gallery
