Freestanding Brick Retail
For Lease
$3,250/Mo
518 S Grant, Odessa, TX 79761
Commercial Sale, Odessa, TX
Space Size1,920 SF
Lot Size0.10 Acres
Days on Market139
Property Features for 518 S Grant
General Information
Property type
Commercial Lease
Property subtype
Other
Subdivision
Smith Pearson
Standard status
Active
APN
29200.00260.00000
Size
1,920 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
40000
Amenities
central heat & air
separate men's and women's restrooms
Building Details
Year built
1957
Floors in Building
1
Building materials
Brick
Roof type
Composition
Listing Agency:
TruStar Real Estate
(877) 400-0340
Listed By:
Trust Key Team @ Trustar Real Estate · License #0567493
(432) 889-0501
Added: Apr 29
Changed: Aug 20
Last Checked: Sep 14 at 9:06AM
MLS# 174261
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 space at 518 S Grant in Odessa contains approximately 1,920 square feet within a brick building constructed in 1957. The layout includes central heating and air conditioning along with separate men’s and women’s restrooms, supporting a range of customer-facing or professional operations.
The property occupies approximately 0.101 acres and is identified in the source information as suitable for office, retail, service business, or professional use. A composition roof completes the building improvements. Its Odessa location provides a defined commercial setting for a tenant seeking a compact standalone space.
The property occupies approximately 0.101 acres and is identified in the source information as suitable for office, retail, service business, or professional use. A composition roof completes the building improvements. Its Odessa location provides a defined commercial setting for a tenant seeking a compact standalone space.
Key Highlights
- Approximately 1,920 SF of retail space
- Brick building constructed in 1957
- Central heat and air conditioning
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.05 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,017
Businesses Nearby
Explore this area
Business Placement
Demographics for 79761, TX
30,187
Population
13,591
Households
2.2
Avg Household Size
35
Median Age
14%
College-Educated
76%
High-School Grad
10.4 sq mi
ZIP Area
2,903
Density / Sq Mi
$69,279
Median Household Income
$42,724
Median Earnings
$1,246
Median Rent
$158,400
Median Home Value
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Market
Lease Benchmarks for Odessa, TX
$23.59 /SF/Yr
Avg Asking Price
$16–$30 /SF/Yr
Price Range
16,491 SF
Avg Space Size
This space is priced 14% below the average of $23.59 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Single-story commercial space with climate control and separate restrooms for customer and staff use.
Where is this retail space located?
The property is located at 518 S Grant Odessa, TX.
What is the lease rate?
The lease rate is $3,250/Mo.
What are key features of this property?
This property features: Approximately 1,920 SF of retail space; Brick building constructed in 1957; Central heat and air conditioning
