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Divisible Retail Space with Two Suites
For Lease
$26 SF/Yr

1807 E 87th St, Odessa, TX 79765

COMMERCIAL - Odessa, TX

Property Size3,500 SF
Lot Size0.57 Acres
Days on Market65

Property Features for 1807 E 87th St

General Information

Property type Commercial Lease
Property subtype Other
Subdivision Mardi Gras Estates
Lot features Corner Lot
Standard status Active
APN 18115.00485.00000
Size 3,500 SF
Lot size 0.57 Acres

Taxes and HOA fees

Tax Annual Amount 0

Building Details

Year built 2023
Building materials Stucco, Metal Studs
Listing Agency: BPA Commercial Properties
Listed By: Bill Anderson · License #0493571
Added: May 28 Changed: Jun 8 Last Checked: Jul 31 at 12:06AM
MLS# 164604

Copyright © 2026 Odessa Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This retail property offers a total of 3,500 square feet and can be leased as one space or divided into two individual suites. Suite 101 and Suite 103 are each available at 1,750 square feet, providing flexible options for tenants who need smaller footprints within the same property. The lease is structured as a triple net arrangement with a 5-year minimum lease term.

The property is located at 1807 E 87th St in Odessa, Texas, in the North Odessa area. The listing notes the site’s position within a fast-growing part of town.

For retail operators, the ability to lease either the full building or a single suite can help align the space size to staffing and merchandising needs. The triple net structure and 5-year minimum lease term are important considerations for anyone planning a longer-term presence and budgeting for ongoing occupancy costs. If you’re evaluating retail space with the option to take one suite or control the entire layout, this configuration may fit a range of neighborhood retail uses based on your operating requirements.

Key Highlights

  • Located in fast growing North Odessa
  • 3500 square foot total space
  • New construction (built in 2023)

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

110
Businesses Nearby

Demographics for 79765, TX

21,163
Population
9,709
Households
2.2
Avg Household Size
31
Median Age
26%
College-Educated
91%
High-School Grad
23.4 sq mi
ZIP Area
904
Density / Sq Mi
$100,844
Median Household Income
$53,204
Median Earnings
$1,535
Median Rent
$299,800
Median Home Value

Market

Lease Benchmarks for Odessa, TX

$21.12 /SF/Yr
Avg Asking Price
$3.99–$30 /SF/Yr
Price Range
5,723 SF
Avg Space Size

This space is priced 23% above the average of $21.12 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail suite options available under triple net lease terms with a 5-year minimum.
Where is this retail space located?
The property is located at 1807 E 87th St Odessa, TX.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: Located in fast growing North Odessa; 3500 square foot total space; New construction (built in 2023)
More about this property
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