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16740 Basin StOdessa, TX 79741

Modern 15,290 SF Warehouse on 5 Acres

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 15,290-square-foot industrial warehouse, constructed in 2023, presents a remarkable investment opportunity in Odessa, Texas. Located at 16740 W Basin St, 79741, this single-tenant property sits on a generous 5-acre lot, offering ample space for expansion or future development. The building boasts a striking two-story design with impressive ceiling heights ranging from 20 to 40 feet, providing versatile storage and operational capabilities. The entire 15,290 square feet is currently vacant, presenting a blank canvas for a discerning buyer to customize to their specific needs. Situated in Ector County, this property benefits from excellent access to major transportation routes, making it an ideal location for distribution and logistics operations. The modern construction ensures energy efficiency and low maintenance costs. This is a rare opportunity to acquire a brand-new, large-scale industrial warehouse in a thriving Texas market. The property's size and location make it suitable for a wide range of industrial uses. The expansive lot provides significant room for expansion, truck maneuvering, and potential future development. Don't miss this chance to own a prime piece of industrial real estate in Odessa.

Highlights

  • 15,290 SF industrial warehouse built in 2023, located on a 5-acre lot at 16740 W Basin St, Odessa, TX 79741.
  • Currently vacant, offering 20-40' ceiling heights.
  • Lease options available: 3-year lease at $20,500/month NNN; 4-7 year lease at $19,500/month NNN; 8+ year lease at $19,000/month NNN.
  • Optional washbay for $100,000.
  • All leases include a 3% bi-annual rent increase.

Property Details for 16740 Basin St

Property type
Warehouses, Land
RSF (Rentable sq. ft)
15,290 SF
Year Built
2023
Stories
2

Unit(s) available at that property

Space
Available Space
Size
15,290 SF

Location Insight

City
Odessa
County
Ector
State
Texas
Latitude
31.7669275
Longitude
-102.551991
16740 Basin St, Odessa, Texas

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16740 Basin St
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