Multi-Building Manufacturing
For Sale
Contact for pricing
Pending
4320 Johnson Rd, Odessa, TX 79764
Six-building industrial compound with manufacturing, specialty production, storage, and office improvements under a long-term NNN lease.
Property SizeContact for details
Days on Market129
Property Features for 4320 Johnson Rd
General Information
Standard status
Pending
Property subtype
Industrial
Listing Agency:
Basin Real Estate Group, LLC
Listed By:
Cory Bynum · License #672722-B
Source:
Crexi
Added: Apr 24
Changed: Aug 30
Last Checked: Aug 30 at 4:02AM
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 Basin Real Estate Group, LLC
Investment Insights
Based on property information with market context.
This single-tenant manufacturing property at 4320 Johnson Rd in Odessa, Texas, comprises six buildings totaling approximately 82,755 square feet. Improvements include a substantial manufacturing area, dry storage, a paint booth, a sandblasting building, and a recently added administration office. Multiple overhead cranes support the industrial configuration, while three-phase electric service is available on site. Building construction dates range from 1961 through 2014.
R&D Specialties occupies the property under a lease that began October 1, 2024, and is scheduled to expire September 30, 2034. The agreement provides 2% annual escalations and includes two five-year renewal options, with the escalations continuing during those periods. The lease is structured as NNN with limited landlord responsibilities. The site provides immediate access to Loop 338 and Hwy 302.
R&D Specialties occupies the property under a lease that began October 1, 2024, and is scheduled to expire September 30, 2034. The agreement provides 2% annual escalations and includes two five-year renewal options, with the escalations continuing during those periods. The lease is structured as NNN with limited landlord responsibilities. The site provides immediate access to Loop 338 and Hwy 302.
Key Highlights
- Six buildings totaling +/-82,755 SF
- Manufacturing area with dry storage, paint booth, and sand blasting building
- Multiple OH cranes in place
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
136
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 Industrial in South region
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Six-building industrial compound with manufacturing, specialty production, storage, and office improvements under a long-term NNN lease.
Where is this manufacturing property located?
The property is located at 4320 Johnson Rd Odessa, TX.
What are key features of this property?
This property features: Six buildings totaling +/-82,755 SF; Manufacturing area with dry storage, paint booth, and sand blasting building; Multiple OH cranes in place
