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Brand New Retail Space for Lease
For Lease
$3,000/Mo

3601 Billy Hext Rd., Odessa, TX 79765

SINGLE_FAMILY - Odessa, TX

Property Size1,500 SF
Lot Size2.00 Acres
Days on Market213

Property Features for 3601 Billy Hext Rd.

General Information

Property type Residential
Property subtype Retail
Lot features Lighted Parking, Corner Lot
Subdivision EF5
Standard status Active
APN 1111
Size 1,500 SF
Lot size 2.00 Acres

Taxes and HOA fees

Tax Annual Amount 0

Building Details

Year built 2024
Building materials Block
Roof type Flat
Listing Agency: EXIT Permian Basin Realty · EXIT Realty
Listed By: Joe Garcia · License #0591918
Added: Dec 30, 2025 Changed: Jun 8 Last Checked: Jul 31 at 4:06AM
MLS# 151894

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.

A brand new 1,500-square-foot retail space is available for lease under a triple-net structure. The offering is subject to a minimum five-year lease requirement. Lease terms also include use restrictions: no liquor store, vape shop, or CBD.

The property is located at 3601 Billy Hext Rd. in Odessa, TX, within Ector County. Additional site details, such as access points, frontage, or nearby retail anchors, are not provided in the information available.

This space is best suited for a tenant seeking a fresh retail buildout and the operational predictability that often comes with triple-net leasing. The minimum five-year commitment should be considered early, and the tenant should confirm that their intended use complies with the listed restrictions prohibiting liquor sales, vape shops, and CBD-related businesses. Current figures provided indicate $3,000 in base rent plus $875 in NNN, for a total of $3,875.

Key Highlights

  • Brand new 1,500 SF retail space for lease
  • Built in 2024 with block construction and a flat roof
  • Triple net lease: $3,000 monthly rent plus $875 NNN ($3,875 total)

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Auto Repair Shop Kitchen & Bath Showroom Parking Lot & Garage

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

129
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 14% above the average of $21.12 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Brand new 1,500 SF retail space available under a triple-net structure with a minimum five-year lease term.
Where is this retail space located?
The property is located at 3601 Billy Hext Rd. Odessa, TX.
What is the lease rate?
The lease rate is $3,000 /Mo.
What are key features of this property?
This property features: Brand new 1,500 SF retail space for lease; Built in 2024 with block construction and a flat roof; Triple net lease: $3,000 monthly rent plus $875 NNN ($3,875 total)
More about this property
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