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2020 Andrews Hwy Odessa, TX 79761

For Sale
$3,524,200

Net leased auto care property with highway visibility and access.

Property size:
12,624 SF
Lot size:
1.82 Acres

Property Features for 2020 Andrews Hwy

General Information

Size
12,624 SF
Lot size
1.82 Acres

Source: Secure Net Lease - Dallas Agent John Packwood

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Andrews Highway Auto Care Property

This property features approximately 5 years remaining on a net lease, with 10% rental increases every five years and one 5-year option to renew. It benefits from excellent visibility and access on Andrews Highway, which has over 22,896 vehicles per day. The property is located near I-20 Business/2nd Street, with over 24,090 vehicles per day, and I-20, with over 74,098 vehicles per day. It is adjacent to Odessa College, which has 15,000 students, and near the University of Texas Permian Basin, with 7,100 students, and Permian High School, with 4,100 students. The property has direct access to I-20, a key artery serving Midland, Odessa, and the Permian Basin. A $424 million TxDOT highway expansion is underway through 2026. The property is leased to Firestone Complete Auto Care, which has over 1,820 locations nationwide and is backed by Bridgestone, the world’s largest tire and rubber company. The property size is 12,624 square feet.
Location Intelligence

Current Use by Public Records

Firestone Complete Auto ... Tire Shop

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Avis Car Rental, Budget Car Rental, U-Haul Neighborhood Dealer, Hope's Sewing Shop, Rent-N-Go

Location Insight

  • Map
  • Local Demand
City
Odessa
County
Ector
State
Texas
Longitude
-102.377754
Latitude
31.862715

FAQs

What type of property is this?
Automotive property - Net leased auto care property with highway visibility and access.
Where is this automotive property located?
The property is located at 2020 Andrews Hwy Odessa, TX.
What is the asking price?
The asking price for this property is $3,524,200.
What are key features of this property?
This property features: - Firestone Complete Auto Care (1,820+ Locations Nationwide) – Backed by Bridgestone; - Approximately 5 Years Remaining on Net Lease, with 10% Rental Increases Every Five Years; - **Excellent Visibility & Access on Andrews Highway (22,896+ VPD)**, near major roadways
More about this property
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