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Downtown Office Sublease Space
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700 N Grant, Odessa, TX 79761

Sublease office space available on the 8th floor of a classic downtown office building.

Space SizeContact for details
Days on Market40

Property Features for 700 N Grant

General Information

Standard status Active

Building Details

Year Built 1960
Listing Agency: SIMS & GUESS, REALTORS
Listed By: Gary Sims
Source: Billlanier
Added: Jul 21 Changed: Aug 22 Last Checked: Aug 29 at 12:11PM

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 SIMS & GUESS, REALTORS

Investment Insights

Based on property information with market context.

Available for sublease is office space on the 8th floor of a classic downtown office building known as the Bank of America Building. The offering is positioned as prime office space for professional and administrative uses.

The property is located at 700 N Grant in Odessa, Texas. The building is described in public remarks as a downtown office location, and the space is advertised for attorney offices, accounting offices, or similar administrative businesses.

As presented, the space is configured as office use within an established office building, offering tenants an in-building option on the 8th floor.

Key Highlights

  • Sublease office space on the 8th floor of a classic downtown office building
  • Building year built: 1960

Property Analytics

Current Use

Bank of America ATM Atm Pace Insurance Insurance Agency Leftwich Insurance Insurance Agency FMC Association Or Organization Geniuses For Hire Marketing & Advertising

Suggested Use

Top Pick Real Estate Agency Dental Office Storage Facility Garden Center Parking Lot & Garage (Bike/Boat/Book/etc) 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

Location Intelligence

Trade Area within ½ mile

1,963
Businesses Nearby

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

Market

Lease Benchmarks for Odessa, TX

$89.03 /SF/Yr
Avg Asking Price
$4.31–$240 /SF/Yr
Price Range
8,685 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office units - Sublease office space available on the 8th floor of a classic downtown office building.
Where is this office units located?
The property is located at 700 N Grant Odessa, TX.
What are key features of this property?
This property features: Sublease office space on the 8th floor of a classic downtown office building; Building year built: 1960
More about this property
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