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Parks Legado Town Center 7260 E Highway 191 49,167 SF 100% Leased Retail Building Odessa, TX 79765 For Sale
Investment Highlights
- Highly visible frontage with 53k+ VPD on HWY 191
- Directly adjacent to 3 hotels totaling 341 rooms and 201k annual visits
- 10 out of 15 tenants expiring without fixed options
- 8 out 15 tenants have annual contractual rent increases
Executive Summary
JLL is pleased to present Parks Legado Town Center ("The Property") a 49,167 square foot shopping center located in the Midland-Odessa MSA. The Property is currently 100% leased and features an ideal tenant mix of national and local soft goods and food and beverage tenants. National retailers include Hopdoddy, Jersey Mike’s, AT&T, Edward Jones, and WalkOn’s. The Property also benefits from close proximity to a number of national hotels and excellent frontage on TX Highway 191.
Data Room Click Here to Access
- Offering Memorandum
Property Facts Under Contract
Sale Type
Investment
Property Type
Building Size
49,167 SF
Building Class
B
Year Built
2015
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
10.99 AC
Parking
286 Spaces (5.82 Spaces per 1,000 SF Leased)
Frontage
380’ on TX- 191 Frontage
Amenities
- Signage
- Wheelchair Accessible
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 998000013800000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $132,071 |
Property Taxes
Parcel Number
998000013800000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$132,071
Contacts
-
Ryan West -
Chris Gerard -
John Indelli -
Clay Anderson -
Dawson Hastings
-
Erin Reed -
JLL
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Parks Legado Town Center | 7260 E Highway 191
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