2120 Maurice Road

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2120 Maurice Road

Odessa, TX 79763
Asking Price
$6.54M
Cap Rate
7.47%
Asset Type
Distribution Industrial
Class
Class B

What's Special

Industrial | 7.47% CAP | 45,175 SqFt <p></p><ul><li>​<span style="color: rgba(0, 30, 69, 1)">Long Term Absolute Net Lease Featuring 2.75% Annual Rental Increases throughout the Initial Term and two, 10-year Extension Options.</span></li></ul><p></p><ul><li>​<span style="color: rgba(0, 30, 69, 1)">Mission-Critical Energy Services Market - Odessa Serves as a Central Hub for Drilling, Completion, Production, and Well Maintenance Activities.</span></li></ul><p></p><ul><li>​<span style="color: rgba(0, 30, 69, 1)">Wellbore Integrity Solu

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NOI
$80,000
Cap Rate
1.22%
DSCR
0.21
Underwater
Cash-on-Cash
-15.71%
Monthly Payment
$32,366.034
Annual Cash Flow
$-308,392.406

Location & Travel Times