NNN Industrial Facility with KLX
For Sale
Contact for pricing
2150 South Dixie Boulevard, Odessa, TX 79766
NNN industrial facility in Odessa leased to KLX Energy Services through June 30, 2028, with renewal options.
Property Size39,580 SF
Lot Size28.63 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
28.63 Acres
Property subtype
INDUSTRIAL
Additional Details
Cap Rate
8.5%
Building Details
Tenancy
Single
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: Jul 27
Last Checked: Aug 7 at 9:40AM
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.
This NNN industrial facility includes 39,580 square feet of warehouse/industrial improvements on a 28.63-acre site, leased to KLX Energy Services, LLC. KLX has occupied the property since 2016, and the tenant renewed its lease for an additional term. The current lease is scheduled to run through June 30, 2028, with 39 months remaining as of April 1, 2025, and includes two separate 36-month renewal options.
Under the NNN structure, the tenant is responsible for operating expenses, including property taxes, insurance, and routine maintenance. The landlord’s responsibilities are limited to roof replacement and structural maintenance.
The offering is presented as a turnkey investment with an 8.5% cap rate and a stated annual income of $642,000. The property is located at 2150 South Dixie Boulevard, Odessa, TX 79766.
Under the NNN structure, the tenant is responsible for operating expenses, including property taxes, insurance, and routine maintenance. The landlord’s responsibilities are limited to roof replacement and structural maintenance.
The offering is presented as a turnkey investment with an 8.5% cap rate and a stated annual income of $642,000. The property is located at 2150 South Dixie Boulevard, Odessa, TX 79766.
Key Highlights
- 39,580‑SF industrial facility on 28.63 acres in Odessa, TX.
- NNN lease with KLX Energy Services, LLC, occupied since 2016.
- Lease runs through June 30, 2028, with 39 months remaining as of April 1, 2025.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
Explore this area
Business Placement
Demographics for 79766, TX
9,688
Population
3,516
Households
2.8
Avg Household Size
33
Median Age
10%
College-Educated
58%
High-School Grad
305.0 sq mi
ZIP Area
32
Density / Sq Mi
$70,965
Median Household Income
$41,913
Median Earnings
$1,100
Median Rent
$151,200
Median Home Value
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 - NNN industrial facility in Odessa leased to KLX Energy Services through June 30, 2028, with renewal options.
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: 39,580‑SF industrial facility on 28.63 acres in Odessa, TX.; NNN lease with KLX Energy Services, LLC, occupied since 2016.; Lease runs through June 30, 2028, with 39 months remaining as of April 1, 2025.
