Share This Listing

Message

922 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Executive Summary

Heroes Plaza Shopping Center is a 60,140 SF multi-tenant retail center in Odessa, TX offered at $5,300,000 (9.54% cap, $88/SF). Anchored by TruFit Athletic Clubs (35,000 SF, NNN, corporate guarantee, 3.6 yrs remaining), the center sits on 3.39 acres at a high-traffic intersection on N County Road W (27,802 VPD) in the heart of the Permian Basin. The multiple below-market leases near expiration offer a new owner significant upside toward the market average of $18.17/SF. Odessa ranks 2nd highest per capita income in the U.S. and is the 5th largest MSA economy in Texas. New parking lot completed March 2025. Texas has no state income tax.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
60,140 SF
Building Class
C
Year Built
1969
Price
$5,300,000
Price Per SF
$88.13
Cap Rate
9.54%
NOI
$505,620
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.41
Lot Size
3.39 AC
Zoning
EB3

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Information
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Cricket Wireless began in 1999 as a prepaid wireless brand and later became part of AT&T after AT&T acquired Leap Wireless International. The company offers prepaid mobile plans, smartphones, and related wireless services, with support for online account management, billing, activation, and device help. Cricket Wireless serves customers through store locations and online sales, and its offerings include no-contract plans, 5G access, hotspot data on select plans, and device protection options. The company remains focused on straightforward wireless service for U.S. customers across a broad national footprint.

  • Lafayette-Nail Salon
  • Professional, Scientific, and Technical Services
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Pho House
  • Retailer
  • -
  • -
  • Lorem Ipsum
  • Jan 0000
  • Educational Services
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Founded on the premise that all students, regardless of previous setbacks, race or socio-economic status, can graduate and achieve at the highest levels of college and career, RMA is reimagining public high school in Texas. RMA Texas public schools are living proof that different outcomes are possible when students are given every opportunity to be successful.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Information - - Lorem Ipsum Jan 0000
Lafayette-Nail Salon Professional, Scientific, and Technical Services - $9.99 Lorem Ipsum Jan 0000
Pho House Retailer - - Lorem Ipsum Jan 0000
Educational Services - $9.99 Lorem Ipsum Jan 0000
Moderately walkable
60/100
Very drivable
80/100
Fairly bikeable
40/100

Nearby Major Retailers

TruFit
Planet Fitness
Rent-A-Center
HOTWORX
United Supermarkets
Truist
McAlister's Deli
Bush's Chicken
Prosperity Bank
First Convenience Bank

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 358000019800000
  • 358000019700000
  • 358000019600000
Land Assessment
$640,920
Improvements Assessment
$2,701,468
Total Assessment
$3,342,388
  • Listing ID: 41013309

  • Date on Market: 6/22/2026

  • Last Updated:

  • Address: 2421-2429 N County Road W, Odessa, TX 79763

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}