Corporate-Backed NNN
For Sale
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150 E 45th St, Odessa, TX 79762
Odessa asset leased under an absolute NNN structure with extended term and scheduled rent increases.
Property Size23,052 SF
Days on Market129
Property Features for 150 E 45th St
General Information
Standard status
Active
Size
23,052 SF
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Sands Investment Group
Listed By:
Luke Wakefield · License #GA 361563
Source:
Crexi
Added: Apr 24
Changed: Aug 29
Last Checked: Aug 29 at 5:59PM
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 Sands Investment Group
Investment Insights
Based on property information with market context.
Located at 150 E 45th St in Odessa, Texas, this 23,052-square-foot property is occupied by Caliber Collision. The asset is subject to an Absolute Triple Net lease, with the tenant responsible for property obligations under the lease structure.
The agreement has 13+ years of base term remaining, includes a corporate guarantee, and provides 10% rent increases every five years. These terms establish a defined lease schedule and limit landlord responsibilities as specified by the lease.
The agreement has 13+ years of base term remaining, includes a corporate guarantee, and provides 10% rent increases every five years. These terms establish a defined lease schedule and limit landlord responsibilities as specified by the lease.
Key Highlights
- 23,052 SF Caliber Collision property at 150 E 45th St, Odessa, TX 79762
- 13+ years of base term remaining
- Absolute Triple Net (NNN) lease structure
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
349
Businesses Nearby
Explore this area
Business Placement
Demographics for 79762, TX
40,253
Population
17,259
Households
2.3
Avg Household Size
34
Median Age
22%
College-Educated
87%
High-School Grad
30.5 sq mi
ZIP Area
1,320
Density / Sq Mi
$74,560
Median Household Income
$45,151
Median Earnings
$1,338
Median Rent
$218,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Odessa asset leased under an absolute NNN structure with extended term and scheduled rent increases.
Where is this nnn property located?
The property is located at 150 E 45th St Odessa, TX.
What are key features of this property?
This property features: 23,052 SF Caliber Collision property at 150 E 45th St, Odessa, TX 79762; 13+ years of base term remaining; Absolute Triple Net (NNN) lease structure
