Andrews Highway Auto Care
2020 Andrews Hwy, Odessa, TX
For Sale
Contact for pricing
Net leased auto care property with highway visibility and access.
Property Size12,624 SF
Lot Size1.82 Acres
Price / SF$247.97
Days on Market342
Property Features for 2020 Andrews Hwy
General Information
Standard status
Size
Lot size
Property subtype
Listing Agency:
SAB
(646) 809-8856
Listed By:
Michael Scali · License TX #10401240589
(646) 809-8835
Source:
Moodyscre
Added: Dec 3, 2025
Changed: Aug 21
Last Checked: Aug 7 at 9:22AM
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 SAB
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Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$140,691
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,813,820
$2.8M
Cap Rate 7%
$2,009,871
$2.0M
Cap Rate 9%
$1,563,233
$1.6M
Market Conditions
NOI Build-Up for 12,624 SF
Gross rent
$219.7K $17.40/SF
− Vacancy
−$18.7K −$1.48/SF
EGI
$201.0K $15.92/SF
− OpEx
−$60.3K −$4.78/SF
NOI
$140.7K $11.14/SF
Area
Odessa, TX
Vacancy
8.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,813,820
Cap Rate 7%
$2,009,871
Cap Rate 9%
$1,563,233
Alternative Uses
Best Use
Retail
$2.01M
$1.76M – $2.34M
NOI $140,691 @ 7.0% cap · market cap 4.49%
Second Best
Industrial
$928.7K
$812.6K – $1.08M
NOI $65,009 @ 7.0% cap · market cap 2.08%
Theoretical Best
Office A
$3.21M
$2.81M – $3.74M
NOI $224,602 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
543
Businesses Nearby
Well-served
Demand for This Use
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Market
Average Price Trend$/SF for Automotive properties in Odessa, TX
Properties on Market for Automotive properties in Odessa
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
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 $3,130,435.
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
