Odessa Industrial Facility For
2150 South Dixie Boulevard, Odessa, TX
Call to check price and availability
39,580 SF industrial facility on 28.63 acres in Odessa, TX.
Type:INDUSTRIAL
Property size:
39,580 SFLot size:
11.96 AcresPrice / SF:
$190/SF- Added:
- Apr 16, 2025
- Days on Market:
- 406
- Last Refresh:
- May 20 at 9:22 pm
Property Features for 2150 South Dixie Boulevard
General Information
- Standard status
- Active
- Size
- 39,580 SF
- Lot size
- 11.96 Acres
- Property subtype
- INDUSTRIAL
Listing agent Justin Dodd License #9004023 (214) 534-7976
Listing office NRG Realty Group - Dallas/Fort Worth (214) 534-7976
Listing date Apr 16, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of NRG Realty Group - Dallas/Fort Worth
HighLights
- Mission‑critical industrial facility leased to KLX Energy Services (NYSE: KLXE).
- Long‑term lease in place through June 30, 2028, with renewal options.
- Attractive 8.5% cap rate and a stable annual income stream of $642,000.
- NNN lease structure minimizes landlord responsibilities.
- Large 39,580‑square‑foot facility on a 28.63‑acre site in Odessa, TX.
- KLX has occupied the facility since 2016, demonstrating a long‑term commitment.
Overview
Located in Odessa, TX, this industrial facility encompasses 39,580 square feet and is situated on a 28.63-acre site. It serves as an operational hub for KLX Energy Services, LLC (NYSE: KLXE), a U.S. provider of oilfield services specializing in completion, intervention, and production activities. KLX Energy Services has occupied the facility since 2016. The tenant renewed its lease for an additional 7 years post-COVID, with the lease running through June 30, 2028, with 39 months remaining as of April 1, 2025. KLX holds two 36-month renewal options, allowing for potential long-term stability and lease extension at Fair Market Value (FMV). The NNN lease structure minimizes landlord obligations, with the tenant responsible for operating expenses, including property taxes, insurance, and routine maintenance. The landlord's responsibilities are roof replacement and structural maintenance. The property has an 8.5% cap rate and an annual income stream of $642,000.
Property Profile
Location Intelligence
Current Use by Public Records
KLX Energy Services
Oilfield
Similar Places Nearby
- Outa Space Storage — Industrial Ave, Odessa, TX 79761
Location Insight
- Map
- Local Demand
- City
- Odessa
- County
- Ector
- State
- Texas
- Longitude
- -102.349
- Latitude
- 31.8242
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - 39,580 SF industrial facility on 28.63 acres in Odessa, TX.
Where is this warehouse located?
The property is located at 2150 South Dixie Boulevard Odessa, TX.
What is the asking price?
The asking price for this property is $7,552,941.
What are key features of this property?
This property features: Mission‑critical industrial facility leased to KLX Energy Services (NYSE: KLXE).; Long‑term lease in place through June 30, 2028, with renewal options.; Attractive 8.5% cap rate and a stable annual income stream of $642,000.
