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1506 W SECOND ST
ODESSA, TX 79763-4321
Asking Price
$1.80M
Cap Rate
8%
Asset Type
Storefront Retail
Class
Class B
What's Special
Retail | 8.00% CAP | 20,976 SqFt <p></p><ul><li><span style="color: rgba(0, 30, 69, 1)">Corporate Lease Featuring Annual Rental Increases Throughout the Initial Term and Options. Priced Below Replacement Cost. Highly Functional Facility - Features 6 Drive-In Service Bays.</span></li><li><span style="color: rgba(0, 30, 69, 1)">Strategically Positioned Along West 2nd Street (I-20 BL) with Direct Access to Interstate 20, the Property Benefits from Strong Visibility and Proximity to Key Trucking Corridors.</span></li><li><span
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NOI
$80,000
Cap Rate
4.44%
DSCR
0.75
Underwater
Cash-on-Cash
-4.98%
Monthly Payment
$8,905.418
Annual Cash Flow
$-26,865.015
