Building Details

Year Built 1982

Listing Agency: NRG Realty Group j***@nrgrealtygroup.com Show Phone

Listed By: Justin Dodd · License #9004023

Source: Crexi

Added: Feb 26 Changed: Jul 10 Last Checked: Jul 29 at 10:56AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NRG Realty Group

Investment Insights

Based on property information with market context.

This commercial property, suitable for flex space, industrial purposes, office units, and general office use, is available for rent. The property is located near I-20.

Key Highlights

• Versatile shop/office space available
• Conveniently located near I‑20
• Built in 1982

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Garden Center (Bike/Boat/Book/etc) Store Home Appliance Store Grocery & Convenience Store

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

$2.53 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

182

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

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

$15.41 /SF/Yr

Avg Asking Price

$3.99–$29.17 /SF/Yr

Price Range

10,736 SF

Avg Space Size

This space is priced 10% above the average of $15.41 /SF/Yr.

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Flex/industrial/office space available for rent near I-20.

Where is this flex space located?

The property is located at 10701 W County Rd 127 Odessa, TX.

What is the lease rate?

The lease rate is $16.88 SF/Yr.

What are key features of this property?

This property features: Versatile shop/office space available; Conveniently located near I‑20; Built in 1982