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1017 S Grant Avenue

Odessa , Texas 79761

Listing Type:
For Sale
Listing Price:
$2,200,000.00
Property Type:
Retail
Property Subtype:
Street Retail
Year Built:
1962
Listing Status:
Active
Building Size:
23171 SqFt
Land Area:
2.59 Acres

Description:

Subject property consists of three tenants, Family Dollar 8,000 Sq Ft, Club 12,000 Sq Ft, Taco House 2,000 Sq Ft.​ The leases do no run concurrently, Family Dollar has 5 years 3 months, the Club expires 1/1/21, the Taco House expires 4/30/2020.​ Rent rates Family Dollar $4,000 month/NNN, The Club $7,000 month, and the Taco House $2,500 month.​ All the tenants have expressed a desire to renew their lease including Family Dollar (per owner).​
Odessa ranked 1st, boasting 91% change in home value from 2000 - 2016
Incomes in the city grew 38% and population increased by 25%
Atlas Sand has opened a new sand plant to serve as a twin facility to the recently opened facility in Kermit. The plant is expected to produce between 80,000 and 100,000 tons of fracking sand every week.
Texas based private investor has purchased the three- property Guardian Self-Storage Portfolio
Compass Academy Charter School is expanding from 13 to 19 acres at 5530 Billy Hext Rd.
Odessa has planning and zoning approved for an apartment project for 622 units at the N/E corner of P Bar Ranch
The University of Texas of the Permian Basin has received $37 million from the UT System Board of Regents for a kinesiology building on campus

Presented by:

Kahle Commercial  Group

(904) 541-0700

Click here to email

Listed by:

Keller Williams Realty

San Antonio City-View

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