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Odessa Industrial Property For Sale
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3927 S County Rd 1290, Odessa, TX 79765

9,618 SF building on 2.29 acres, leased to Giant Oil

Property Size9,618 SF
Lot Size2.29 Acres
Price / SF$145.56
Days on Market178

Property Features for 3927 S County Rd 1290

General Information

Standard status Active
Size 9,618 SF
Lot size 2.29 Acres
Property subtype Industrial
Lease Type NNN
Investment Type Value Add
Net Operating Income $150,000

Building Details

Year Built 2023
Tenancy Single
Listing Agency: NRG Realty Group
Listed By: Justin Dodd · License #9004023
Source: Crexi
Added: Feb 27 Changed: Aug 24 Last Checked: Aug 22 at 1:41PM

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

Investment Insights

Based on property information with market context.

This industrial property in Odessa, Texas, features a 9,618 square foot building situated on 2.29 acres. The property is exclusively leased to Giant Oil Tools under a triple net lease structure with 3% annual increases, running through December 31, 2029. The location offers convenient access to both Highway 80 and Interstate 20, situated off South County Road 1290. The site includes a shop with five drive-in bays. The 3,593 square foot office area is configured as a large showroom, complete with a break room, four private offices, and two restrooms, all equipped with central heating and air. The shop benefits from foam insulation and features five 16-foot overhead doors, along with 3-Phase power with 50 amp service available between each door. Water is supplied by a well, and the property utilizes a septic system. The site is fully fenced and stabilized with caliche.

Key Highlights

  • Exclusively leased to Giant Oil Tools through 12/31/2029, providing stable income.
  • Triple Net (NNN) lease structure, minimizing landlord responsibilities.
  • Annual 3% rent increases, ensuring growing returns.

Property Analytics

Current Use

Giant Oil Tools ... Factory Miller's RV Specialties ... Auto Repair Shop

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Grocery & Convenience Store Storage Facility Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

228
Businesses Nearby

Demographics for 79765, TX

21,163
Population
9,709
Households
2.2
Avg Household Size
31
Median Age
26%
College-Educated
91%
High-School Grad
23.4 sq mi
ZIP Area
904
Density / Sq Mi
$100,844
Median Household Income
$53,204
Median Earnings
$1,535
Median Rent
$299,800
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial property - 9,618 SF building on 2.29 acres, leased to Giant Oil
Where is this industrial property located?
The property is located at 3927 S County Rd 1290 Odessa, TX.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Exclusively leased to Giant Oil Tools through 12/31/2029, providing stable income.; Triple Net (NNN) lease structure, minimizing landlord responsibilities.; Annual 3% rent increases, ensuring growing returns.
(432) 363-4777 Call to check price and availability
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