Global Oil & Gas Wells Industrial Provider | West… — Sale in Odessa (West Texas), TX
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Odessa (West Texas), TX 79764
- Year built: 1994
Investment Figures
- Cap rate
- 7.47%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
The subject property is located along TX-338 Loop in Odessa, Texas, within the core of the Permian Basin—the most productive and economically resilient oil and gas region in North America. The Permian Basin consistently leads the nation in crude oil and natural gas production, supported by tier-one reserves, low breakeven costs, and sustained capital deployment by major domestic and international energy producers. Odessa, together with neighboring Midland, forms the Odessa–Midland Energy Corridor, a globally significant hub for drilling, completion, production, and well maintenance activities. The region supports a dense concentration of upstream operators, midstream infrastructure, and oilfield services companies, creating continuous demand for specialized industrial facilities, equipment yards, service centers, and logistics-oriented real estate. The property benefits from exceptional regional connectivity. TX-338 Loop serves as a primary industrial arterial designed to accommodate heavy truck traffic and energy-related logistics, with direct access to Interstate 20 providing efficient east–west freight movement across Texas and direct connections to regional and national distribution networks. Additional transportation support is provided by the Midland International Air & Space Port, facilitating executive travel, workforce mobility, and time-sensitive equipment movement. Major operators active throughout the Permian Basin include ExxonMobil, Chevron, Occidental Petroleum, Pioneer Natural Resources, and ConocoPhillips, whose long-term development programs continue to anchor employment, infrastructure investment, and economic stability. These operators support a broad ecosystem of contractors, manufacturers, and service providers that rely on strategically located industrial assets. Texas’ pro-business regulatory climate, energy-friendly policies, and absence of state income tax further enhance the region’s appeal to industrial users and investors. Combined with
Market Context
This retail in Odessa (West Texas), TX is listed for sale. It is offered at an approximate 7.5% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 1994. It has been on the market for 100 days. Compare it against other retail listings for sale in Odessa (West Texas), TX — view the full market.
Contact
- Alvin N. Mansour · (858) 373-3184 · alvin.mansour@marcusmillichap.com
- Jon Talia · (858) 373-3186 · jonathan.talia@marcusmillichap.com
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