Odessa Industrial Facility For
For Sale
Contact for pricing
2150 South Dixie Boulevard, Odessa, TX
39,580 SF industrial facility on 28.63 acres in Odessa, TX.
Property Size39,580 SF
Lot Size11.96 Acres
Price / SF$190.83
Days on Market480
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 Agency:
NRG Realty Group - Dallas/Fort Worth
(214) 534-7976
Listed By:
Justin Dodd · License #9004023
(214) 534-7976
Source:
Moodyscre
Added: Apr 16, 2025
Changed: Aug 8
Last Checked: May 20 at 9:22PM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
310
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
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.
