Western Falcon Energy Services

 Odessa, Texas

Asking Price


Cap Rate



Absolute NNN Lease

16,431 SF

16,431 SF


Attractive Rent Increases


13.29 Acres

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  • Strategic Market Position | This is the only Western Falcon location in Midland-Odessa, making this a strategic location as an oil and gas servicer in the Permian Basin.

  • Absolute Net Lease Structure | The lease features an absolute NNN expense structure with no Landlord responsibilities, resulting in an entirely passive and secure income stream.

  • Desirable Rent Increases | The lengthy lease includes 2.75%  annual rent bumps, providing a prospective investor with a hedge against inflation and an increase in yield over time.

  • Long-Term Tenant | The Tenant has been in place since 1994 and has 6+ years remaining on current lease. 

  • Experienced Operator | Western Falcon has been in operation since 1992, growing through multiple cycles in the oil and gas industry.
  • Income Tax-Free State | No state income taxes.

  • Outdoor Storage Use | The ±13.29-acre parcel provides ample room for inventory, materials, and equipment parking. This is a critical asset for the Tenant and is something that is sought after by many industrial tenant/users.

  • Industrial Corridor & Strong Local Submarket Positioning | The Property is located within the Midland-Odessa Industrial submarket in a dense industrial area along Interstate 20 with nearby industrial tenants such as Baker Hughes, ChampionX Chemical Technologies, Family Dollar Distribution Center, Helmerich & Payne, Magellan Midstream Partners, NOV Inc., Precision Drilling, and Thermo King.

Exclusively Listed By

Chris Adams

Vice President      972.616.4720
TX Lic. #619855

Josh Adams

Associate      972.619.9865
TX Lic. #792874


8300 Douglas Ave, Suite 650
Dallas, TX 75225