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115 S FM 1936
Odessa, TX 79763
Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
9,026 SF
Building Class
C
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.76 AC
Zoning
EW1
Frontage
241’ on FM 1936

About 115 S FM 1936 , ODESSA, TX 79763

Trinity Real Estate Investment Services is pleased to offer a Net Leased, Single Tenant, Corporately Guaranteed, New Development Dollar General in a strong Industrial driving part of Odessa, Texas. The property was built in 2015 and comes with a 15-Year NNN Lease that features 4 (5) Year Options. The site is adjacent to a $30M Halliburton facility that sits on 50 acres of land and employees over 1,500 nearby residents. Halliburton also recently purchased an additional 100 acres showing their long-term commitment to the area. The site also sits ideally just north of I-20 (34,000+ VPD) with easy access on/off the freeway. Odessa has a population over 110,000 and sits in the Permian Basin, where in November of 2016 the largest deposit of oil reserves in the US was just found. With oil prices falling, oil rig counts have around the US have been condensing to the Permian Basin where production still makes economic sense for many large oil companies.

Property Taxes

Property Taxes

Parcel Number
19300-00270-00000
Land Assessment
$52,779
Improvements Assessment
$660,685
Total Assessment
$713,464
  • Listing ID: 8933517

  • Date on Market: 8/31/2017

  • Last Updated:

  • Address: 115 S FM 1936, Odessa, TX 79763

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