Mighty Wash NNN
For Sale
Contact for pricing
Pending
3005 Kermit Highway, Odessa, TX 79764
Absolute NNN structure pairs the property with a long-term lease and scheduled annual escalations.
Property SizeContact for details
Days on Market144
Property Features for 3005 Kermit Highway
General Information
Standard status
Pending
Property subtype
Special Purpose
Building Details
Tenancy
Single
Listing Agency:
SAB Capital
(646) 809-8840
Listed By:
Mark Pomella · License #NY 10401305401
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 7:37PM
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 Capital
Investment Insights
Based on property information with market context.
Mighty Wash is offered through an absolute triple-net sale-leaseback structure at 3005 Kermit Highway in Odessa, Texas. The tenant is expected to execute a 20-year lease beginning at closing, with annual rent escalations of 1.5%.
The operating company currently has 20 locations concentrated primarily across West Texas and the Permian Basin. The property is situated in Odessa, a metropolitan area with more than 165,000 residents.
The operating company currently has 20 locations concentrated primarily across West Texas and the Permian Basin. The property is situated in Odessa, a metropolitan area with more than 165,000 residents.
Key Highlights
- Absolute triple‑net sale‑leaseback structure
- 20‑year lease commencing at closing
- Annual rental escalations of 1.5%
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
516
Businesses Nearby
Explore this area
Business Placement
Demographics for 79764, TX
26,271
Population
10,326
Households
2.5
Avg Household Size
33
Median Age
20%
College-Educated
74%
High-School Grad
54.5 sq mi
ZIP Area
482
Density / Sq Mi
$68,367
Median Household Income
$52,054
Median Earnings
$944
Median Rent
$150,400
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 - Absolute NNN structure pairs the property with a long-term lease and scheduled annual escalations.
Where is this nnn property located?
The property is located at 3005 Kermit Highway Odessa, TX.
What are key features of this property?
This property features: Absolute triple‑net sale‑leaseback structure; 20‑year lease commencing at closing; Annual rental escalations of 1.5%
