4060 Faudree Rd - Storefront FOR SALE
Odessa, TX 79765 |
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
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Tuscany Town Center
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
20803
STORIES
1
YEAR BUILT
2016
SPRINKLERS
-
PARKING SPACES
102
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
044500005000000
