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2419 N County Rd W 60,140 SF 100% Leased Retail Building Odessa, TX 79763 $5,316,076 ($88.40/SF) 8.25% Cap Rate
INVESTMENT HIGHLIGHTS
- TENANT WITH STRONG OPERATING HISTORY AND CORPORATE GUARANTEE
- NEW PARKING LOT
- EXCELLENT LOCATION IN PATH OF GROWTH | STRONG DEMOGRAPHICS
- 17.5% VACANCY FACTOR
- INCOME TAX-FREE STATE
- BELOW MARKET RENTS | SHORT-TERM LEASES
EXECUTIVE SUMMARY
The Property consists of a 60,140 SF building situated on a 3.39 acre parcel of land in the rapidly growing community of Odessa, TX, directly in a strong retail corridor, just minutes away from major grocers like H-E-B and Walmart. The Property was constructed in 1969, and has 8 total suites with one space currently vacant. The center is anchored by TruFit, a San Antonio based, corporate operated, low cost health club. The lease has a corporate guarantee from
TruFit and has 4.9 years remaining on the lease with 3, 5 year options.
PROPERTY FACTS
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
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- Information
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99,999 SF
- -
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Lorem Ipsum
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Jan 0000
Founded in 1999, Cricket Wireless operates as a prepaid wireless telecommunications provider in the United States. Originally established by Leap Wireless, the brand focused on no-contract mobile services designed for cost-conscious consumers. In 2014, Cricket Wireless became a wholly owned subsidiary of AT&T following AT&T’s acquisition of Leap Wireless. The acquisition integrated Cricket into AT&T’s national network infrastructure while maintaining Cricket as a distinct prepaid brand. Cricket provides voice, text, and data services using AT&T’s wireless network, including access to 4G LTE and 5G coverage where available. The company distributes services through company-operated and authorized retail locations, as well as online channels. Over time, Cricket expanded from its initial regional footprint to a nationwide presence supporting consumer prepaid plans and device offerings.
- Fit Cartel
- Retailer
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99,999 SF
- -
- -
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Jan 0000
- HOTWORX
- Arts, Entertainment, and Recreation
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99,999 SF
- -
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Lorem Ipsum
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Jan 0000
- Lafayette-Nail Salon
- Professional, Scientific, and Technical Services
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99,999 SF
- -
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Lorem Ipsum
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Jan 0000
- Pho House
- Retailer
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99,999 SF
- -
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Lorem Ipsum
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Jan 0000
- POSED Studio
- Retailer
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99,999 SF
- -
- -
-
Jan 0000
- Tru Fit
- Arts, Entertainment, and Recreation
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99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Information | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| Fit Cartel | Retailer | 99,999 SF | - | - | Jan 0000 | |
| HOTWORX | Arts, Entertainment, and Recreation | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| Lafayette-Nail Salon | Professional, Scientific, and Technical Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| Pho House | Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| POSED Studio | Retailer | 99,999 SF | - | - | Jan 0000 | |
| Tru Fit | Arts, Entertainment, and Recreation | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 358000019700000 | Improvements Assessment | $1,253,790 |
| Land Assessment | $248,815 | Total Assessment | $1,502,605 |
PROPERTY TAXES
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2419 N County Rd W
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