901 3Rd St Odessa, TX 79763

This exceptional 5,000-square-foot flex/warehouse property in Odessa, Texas, presents a compelling investment opportunity. Boasting a substantial 10.08% cap rate, this newly renovated (2023) building sits on a 0.42-acre lot (APN: 284000022500000) and offers a blend of office and warehouse space ideal for a variety of businesses. The 1,905-square-foot office area includes three private offices, a reception area, a conference room, two restrooms, and a workroom. The 3,095-square-foot heated and cooled shop features two 12'x12' overhead doors, perfect for equipment storage and access. Currently leased to Trigon Industries, a CNC machinery supplier to the oil and gas industry, until October 31, 2026, providing immediate cash flow. Strategically located at the southwest corner of West 3rd Street and Bernice Avenue, this property enjoys easy access to Business 20 (West 2nd Street) and North County Road West, placing it within a thriving industrial area alongside established businesses such as Jet Specialty, Standard Industrial Manufacturing, and Abbott's Oilfield Supply. Built in 2014, this property offers a strong combination of modern amenities, a secure lease, and a prime location, making it an attractive investment for discerning buyers. The property's occupancy date is October 1, 2023.