4060 Faudree RdOdessa, TX 79765
High-Yield Retail Center in Growing Odessa
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 117
Highlights
- Stable, multi-tenant retail center with consistent cash flow and built-in rental escalations.
- Below-replacement-cost acquisition opportunity on a major Odessa thoroughfare; significant lease rollover potential.
- Diverse, internet-resistant tenant mix serving a growing residential area.
- Prime location near Odessa Country Club and affluent neighborhoods, with average home values exceeding $478,000 within one mile.
- Strong population growth projected: 31% within one mile and 22% within three miles over the next five years.
- High visibility location on TX 588 (Faudree Road) with excellent access to 18,000+ vehicles daily and major highways.
Property Details for 4060 Faudree Rd
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 20,803 SF
- Year Built
- 2016
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 108,464 SF
Location Insight
- City
- Odessa
- County
- Ector
- State
- Texas
- Latitude
- 31.915880753343
- Longitude
- -102.28838331165
Nearby Similar for Sale
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