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Single-Tenant Industrial Distribution Facility
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411 South Meadow Avenue, Odessa, TX 79761

A 2013-built, single-tenant distribution facility with 100% occupancy and a long-term lease in place.

Property Size16,660 SF
Lot Size5.13 Acres
Price / SF$198.08
Days on Market41

Property Features for 411 South Meadow Avenue

General Information

Standard status Active
Size 16,660 SF
Lot size 5.13 Acres
Property subtype Industrial
Occupancy 100%

Building Details

Year Built 2013
Tenancy Single
Listing Agency: Pugh Real Estate
Listed By: Phillip Pugh · License #652622
Source: Crexi
Added: Jun 21 Changed: Jul 22 Last Checked: Jul 30 at 11:21AM

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 Pugh Real Estate

Investment Insights

Based on property information with market context.

This 2013-built industrial/distribution facility totals 16,660 square feet and sits on 5.13 acres. The property is 100% leased to a single tenant and is being offered as a stabilized, net-leased investment.

The asset is located at 411 S Meadow Ave in Odessa, Texas, with access to major thoroughfares and industrial corridors in the area.

The lease includes CPI escalators through December 2029 and provides a five-year renewal option. The property is presented for investors seeking dependable in-place income.

Key Highlights

  • 2013‑built, 16,660 SF industrial/distribution facility in Odessa on 5.13 acres
  • 100% leased to a single tenant (single‑tenant net lease structure)
  • Current NOI of $239,910

Property Analytics

Current Use

PSS Industrial Group Factory

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Hair Salon Furniture & Home Goods Garden Center

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

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

287
Businesses Nearby

Demographics for 79761, TX

30,187
Population
13,591
Households
2.2
Avg Household Size
35
Median Age
14%
College-Educated
76%
High-School Grad
10.4 sq mi
ZIP Area
2,903
Density / Sq Mi
$69,279
Median Household Income
$42,724
Median Earnings
$1,246
Median Rent
$158,400
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?
Distribution center - A 2013-built, single-tenant distribution facility with 100% occupancy and a long-term lease in place.
Where is this distribution center located?
The property is located at 411 South Meadow Avenue Odessa, TX.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 2013‑built, 16,660 SF industrial/distribution facility in Odessa on 5.13 acres; 100% leased to a single tenant (single‑tenant net lease structure); Current NOI of $239,910
More about this property
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