THE DARVILLE COMPANY (ODESSA, TX)

MULTI TENANT

3710 NORTH COUNTY ROAD WEST, ODESSA, TX 79764
Price :
$ 549,500
Cap Rate :
10.00%
NOI :
$ 54,928
Lot Size :
1.22 acres
Year Built :
1969
Property Area :
14,330 sqft
Status :
AVAILABLE
MARKETING PACKAGE

By downloading the Marketing Package (“Offering Memorandum”) you hereby agree to the CONFIDENTIALITY AND BUYER REGISTRATION AGREEMENT.

 

Investment Highlights

  • Two Industrial Assets Totaling 14,330 Square-Feet, Situated on 1.22 Acres
  • Metal Construction Featuring Three Suites and Six Grade-Level Doors
  • The Darville Company is the Largest Tenant, Specializing in HVAC and Plumbing Services Since 1947
  • Permian Basin Metallurgical Laboratories was Established in 1993, and Provides Testing Services in the Oil Field Service Industry
  • Frontage Along County Road West, with Easy Access to Loop 338 and Kermit Highway

 

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the property located at 3710 North County Road West in Odessa, Texas. The subject property consists of two industrial assets totaling approximately 14,330 square feet of space, situated on 1.22 acres of land. The asset features metal construction, three suites, and six grade-level doors. The Darville Company is the largest tenant, specializing in HVAC and plumbing services. Permian Basin Metallurgical Laboratories was established in 1993, and provides testing services in the oil field service industry. The upcoming vacancy of another tenant provides a lease-up opportunity for an investor. The subject property features frontage along County Road West, with Easy Access to Loop 338 and Kermit Highway.

The Darville Company has served the air conditioning and heating needs of Odessa-Midland and Permian Basin area neighbors since 1947. The Darville Company has skilled technicians and cutting-edge equipment needed to handle all residential and commercial HVAC needs. Their scope of work ranges from tankless water heater installation to air conditioning duct installation and everything in between for Odessa-Midland homes and businesses. The Darville Company has been featured as a Super Service Award Recipient from 2013-2017 and has over 20 employees. (darvilleco.com)

As the largest single source of oil and gas deposits in the United States, Odessa has long been known for its rich resources. New businesses have come to the city that have helped diversify the economy as well as reinforce the quality of life standards. Odessa proudly boasts world-class cultural and recreational facilities as well as healthcare and transportation often associated with larger cities. It also serves as the crucial midpoint between Fort Worth and El Paso. Lucrative financial incentives, site selection, logistics, qualified workforce, easy access to foreign markets, and low cost-of-living make it easy to do business (odessatex.com). Major industries include: medical, energy, distribution, manufacturing, and technology.

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2020 Marcus & Millichap. All rights reserved. (Activity ID: ZAA0061071)

Exclusive Listing

Davis Cagle
(972) 755-5230
Lic # TX : 722097
Adam Abushagur
(972) 755-5223
Lic # TX : 661916

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