Auto Service - Gas-Conv
Caliber Collision Center | Texas | Long Term Absolute Net Lease | 2024 Renovation
150 E 45th St, Odessa (West Texas), TX 79762
Listing Price: $4,871,795
Investment Overview
Odessa, Texas, is a thriving city in the heart of West Texas, known for its strong ties to the oil and gas industry. Located in Ector County, it is part of the larger Midland-Odessa metropolitan area, a key economic driver for the region. The city has experienced steady growth over the years, fueled by the energy sector, manufacturing, and a growing retail industry. With a population of over 114,000, Odessa combines small-town charm with modern urban amenities.
The area features a mix of residential neighborhoods, commercial centers, and industrial zones, catering to a diverse community. Housing options range from historic homes built in the mid-20th century to newer subdivisions, providing choices for families, young professionals, and retirees alike. The real estate market in Odessa remains competitive, with median home prices reflecting the city’s affordability compared to larger Texas metros.
Odessa is home to a variety of recreational and cultural attractions. The city boasts multiple parks, sports complexes, and entertainment venues, ensuring there is something for everyone. One of the most notable sites is the Odessa Meteor Crater, a natural landmark formed by a meteorite impact thousands of years ago. For those interested in the arts, the Wagner Noël Performing Arts Center hosts concerts, theater productions, and other live performances, drawing audiences from across the region.
The local economy is heavily influenced by the oil and gas industry, but other sectors such as healthcare, education, and retail play vital roles. The presence of the University of Texas Permian Basin contributes to the area’s educational landscape, offering higher learning opportunities and supporting workforce development.
Overall, Odessa continues to grow as a hub of commerce and culture in West Texas, offering a welcoming environment for residents and businesses alike.
Caliber Collision Center | Texas | Long Term Absolute Net Lease | 2024 Renovation
Investment Highlights
- Long Term Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Complete 2024 Interior/Exterior Renovation.
- Caliber Collision is the Nation's Largest Collision Repair provider, with more than 1,800 Convenient Locations in 41 States - and Growing.
- Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
- Odessa, Texas, has seen Consistent growth over the Years, driven by the Energy Sector, Manufacturing, and an Expanding Retail Industry.
- In Close Proximity to Numerous Auto Dealerships and Auto Service Centers including Nissan, Honda, Toyota, Hyundai, Chevrolet, Mazda, Buick, GMC and many more.
- Densely Populated Area: Features more than 113k People Residing within a 5-Mile Radius. The City of Odessa has Experienced Steady Growth over the Years.
- Minutes from Odessa-Schlemeyer Field Airport - a Public-Use Airport, primarily serving General Aviation. It supports Private, Business Aircrafts, and Essential Aviation Services for the Local Community.
- Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
Exclusively Listed By
Broker of Record
-
Alvin N. Mansour
Executive Managing Director Investments
Financing By
Auto Service - Gas-Conv
Caliber Collision Center | Texas | Long Term Absolute Net Lease | 2024 Renovation
Listing Price: $4,871,795
Investment Highlights
- Long Term Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Complete 2024 Interior/Exterior Renovation.
- Caliber Collision is the Nation's Largest Collision Repair provider, with more than 1,800 Convenient Locations in 41 States - and Growing.
- Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
- Odessa, Texas, has seen Consistent growth over the Years, driven by the Energy Sector, Manufacturing, and an Expanding Retail Industry.
- In Close Proximity to Numerous Auto Dealerships and Auto Service Centers including Nissan, Honda, Toyota, Hyundai, Chevrolet, Mazda, Buick, GMC and many more.
- Densely Populated Area: Features more than 113k People Residing within a 5-Mile Radius. The City of Odessa has Experienced Steady Growth over the Years.
- Minutes from Odessa-Schlemeyer Field Airport - a Public-Use Airport, primarily serving General Aviation. It supports Private, Business Aircrafts, and Essential Aviation Services for the Local Community.
- Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
Investment Overview
Odessa, Texas, is a thriving city in the heart of West Texas, known for its strong ties to the oil and gas industry. Located in Ector County, it is part of the larger Midland-Odessa metropolitan area, a key economic driver for the region. The city has experienced steady growth over the years, fueled by the energy sector, manufacturing, and a growing retail industry. With a population of over 114,000, Odessa combines small-town charm with modern urban amenities. The area features a mix of residential neighborhoods, commercial centers, and industrial zones, catering to a diverse community. Housing options range from historic homes built in the mid-20th century to newer subdivisions, providing choices for families, young professionals, and retirees alike. The real estate market in Odessa remains competitive, with median home prices reflecting the city’s affordability compared to larger Texas metros. Odessa is home to a variety of recreational and cultural attractions. The city boasts multiple parks, sports complexes, and entertainment venues, ensuring there is something for everyone. One of the most notable sites is the Odessa Meteor Crater, a natural landmark formed by a meteorite impact thousands of years ago. For those interested in the arts, the Wagner Noël Performing Arts Center hosts concerts, theater productions, and other live performances, drawing audiences from across the region. The local economy is heavily influenced by the oil and gas industry, but other sectors such as healthcare, education, and retail play vital roles. The presence of the University of Texas Permian Basin contributes to the area’s educational landscape, offering higher learning opportunities and supporting workforce development. Overall, Odessa continues to grow as a hub of commerce and culture in West Texas, offering a welcoming environment for residents and businesses alike.
Exclusively Listed By
Broker of Record
-
Alvin N. Mansour
Executive Managing Director Investments
Financing By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
