Property summary
This exceptional investment opportunity presents a 22,857-square-foot warehouse in Odessa, Texas, currently leased to LubeZone, a brand of Epika Fleet Services, a national truck fleet servicing company with 83 locations. The property boasts a highly functional design, including six drive-in service bays, and enjoys excellent access to major roadways, including I-20 (within a five-minute drive). The current lease, a Net Lease (NN) agreement with a corporate guarantee, has a remaining term of… over four years and includes two five-year renewal options, providing significant long-term stability. The asking price is $1,821,150, representing a compelling $79.68 per square foot and an 8.00% cap rate based on a current Net Operating Income (NOI) of $145,692. Annual rent increases are the lesser of CPI or 3.00%. The 1.38-acre lot is strategically located near other prominent automotive businesses, including AutoZone, TruckPro, and Valvoline, ensuring a robust and established commercial environment. Epika Fleet Services is an operating company of Trivest Partners, a well-established private equity firm with a substantial investment portfolio. This property offers a secure, high-yield investment with a strong tenant and favorable lease terms, making it an ideal addition to any portfolio. The lease commenced December 17, 2018, and expires December 16, 2028. The property is located at 1506 West 2nd Street, Odessa, TX 79763.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 22,857 SF
- Lot area
- 1.38 ac
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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