713-900-3011
4060 Faudree Rd, Odessa, TX for Sale
Storefront - FOR SALE
1/5
null | Request Cap Rate

4060 Faudree Rd
Odessa, TX 79765


HIGHLIGHTS

  • Diverse service-oriented, internet resistant tenant line-up poised to serve the rapidly expanding surrounding residential trade area
  • Adjacent to the Odessa Country Club Pines Course and surrounded by affluent neighborhoods with strong housing values above $478,000 within one mile
  • Opportunity to maximize value and purchase well below replacement cost on a primary Odessa artery
  • Significant population growth exceeding 22% over the next five years predicted within a 3-mile radius and 31% population growth predicted in 1 mile
  • Odessa is home to thriving oil and gas, manufacturing, solar energy and aerospace industries, underpinning a strong employment hub
  • Due to high demand for daily workforce staffing, the Property is immediately surrounded by over 2,580 multifamily units and 820 hotel rooms in 1-mile

OVERVIEW

Stabilized, multi-tenant retail center with daily needs tenant line up, offering consistent cash flow and long-term upside through rental appreciation and annual rental escalations. Property is located within an affluent trade area within the fastest growing metro in Texas.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tuscany Town Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

102

LAND DETAILS

LAND ACRES

1.89 AC

LAND SF

82,328 SF

ZONING

CL

APN/PARCEL ID

044500005000000

ASK ABOUT THIS PROPERTY

Micha Van MarckeEDGE Capital MarketsMore Info
713-900-3011

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Micha Van MarckeEDGE Capital MarketsMore Info
713-900-3011

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.