Investment Sale: Giant Tools USA, 10.71% Cap Rate

Investment Overview

NRG Realty Group has been selected to exclusively market the opportunity to acquire the Giant Oil Tools property in Odessa, Texas featuring a 9,618 SF building on 2.29 acres exclusively leased to Giant Oil Tools. The lease runs through 12/31/2029 and features 3% annual increases and a triple net lease structure. The property is conveniently located between Hwy 80 & Interstate 20 off of SCR 1290 which runs over the railroad and to I-20. This property boosts a five drive-in bay shop on 2.29 Acres in Midland, TX. The 3,593 SF office is setup as a large showroom with a break room, four private offices, and two restrooms all with central heating & air. The shop is foam insulated featuring (5) 16' overhead doors and 3-Phase power with 50 amp service between each door. Serviced by water well and septic system. Site is fully fenced and stabilized with caliche.

Investment Highlights

• Tenant: Giant Oil Tools
• Lease Expiration: 12/31/2029
• 9,618 SF on 2.29 Acres
• 3,593 SF Office
• Large Showroom, 4 Offices
• Central Heating & Air
• 6,025 SF Shop
• Foam Insulated Shop
• (5) 16' Overhead Doors
• 3-Phase Power, 50 amp Service
• Can add a Wash-Bay and/or Modify Office Layout
• Water Well, Septic System
• Yard is Fully Fenced