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4060 Faudree Rd
Odessa, TX 79765

Price Upon Request

Storefront For Sale  •  20,803 SF

Property Details

  • Property Type Storefront
  • Total Building Size 20,803 SF
  • Lot Size 2.32 AC
  • Building Class B
  • Year Built 2016
  • Tenancy Multiple
  • Zoning CL
0 Transit Score
38 Walk Score

Highlights

Stabilized, multi-tenant retail center offering consistent cash flow and long-term upside through rental appreciation and built-in rental escalations
Opportunity to maximize value and purchase well below replacement cost on a primary Odessa artery
Diverse, service-oriented and internet resistant tenant line-up poised to serve the rapidly expanding residential growth
Significant population growth exceeding 20% over the next 5 years predicted within a 3-mile radius and 30% population growth predicted within 5-miles
Adjacent to the Odessa Country Club Pines Course and surrounded by affluent neighborhoods, the Property benefits from housing values above $490,000
Located along TX 588 (Faudree Road), the Property features high parapet walls as well as a highly visible pylon sign, and over 18,600 CPD

Amenities

  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Midland International Air And Space Port 13 min - 7.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 102
Type: Surface
Included in Rent: Yes
Micha Van Marcke 713-900-3011 EDGE Capital Markets
Micha Van Marcke 713-900-3011 EDGE Capital Markets