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Signalized Corner Retail Lease
For Sale
$1,277,000

4200 Andrews Hwy, Odessa, TX 79762

Absolute NNN retail lease with full guaranty, situated on a signalized hard corner with high traffic visibility.

Property Size1,878 SF
Price / SF$679.98
Days on Market45

Property Features for 4200 Andrews Hwy

General Information

Standard status Active
Size 1,878 SF
Property subtype Electronics
Lease Type Absolute Net

Additional Details

Traffic Count 49,000 vehicles/day

Amenities

New Seven Year Absolute Triple-Net Lease
Full Guaranty with Crown Wireless, Inc | 240 Locations
Signalized Hard Corner Location in a High Traffic Area, Visible by 49,000 Plus Cars per Day Along W 42nd St and Andrews Hwy
Adjacent to the Ector County Coliseum, a 42-Acre Complex Hosting Rodeos, Fairs, Trade Shows, Sporting Events, and More for Approximately 400,000 Visitors Annually
125,212 Residents within a Five-Mile Radius - Projected to Increase Over 4 Percent by 2030
Average Household Income Exceeds $91,000 in the Surrounding Area
Surrounded by National Tenants: McDonald's, Wendy's, Dollar General, Whataburger, and More

Building Details

Building Size 1,878 SF
Listing Agency: Marcus & Millichap | Columbus
Listed By: Brennan Clegg · License #License(s): OH: SAL.2019001449, NE: 20220396
Source: Marcusmillichap
Added: Jul 27 Changed: Sep 7 Last Checked: Sep 9 at 5:34AM

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 Marcus & Millichap | Columbus

Investment Insights

Based on property information with market context.

This for-sale retail property is offered with a new 7-year absolute NNN lease. The lease includes a full guaranty with Crown Wireless, Inc. The asset is configured as a retail space within a signalized hard-corner setting.

The property is located along W 42nd St and Andrews Hwy in a high-traffic area, described as visible to 49,000+ cars per day. It is adjacent to the Ector County Coliseum, a 42-acre events complex hosting rodeos, fairs, trade shows, sporting events, and more.

Additional reported area context includes 125,212 residents within a 5-mile radius, projected to increase 4%+ by 2030, and average household income exceeding $91,000 in the surrounding area. The immediate tenant mix noted in the remarks includes national retailers such as McDonald’s, Wendy’s, Dollar General, and Whataburger.

Key Highlights

  • New 7‑year absolute NNN retail lease
  • Full guaranty from Crown Wireless, Inc (240 locations)
  • Signalized hard‑corner location on W 42nd St and Andrews Hwy with visibility to 49,000+ cars per day

Property Analytics

Current Use

Cricket Wireless Authorized ... Mobile Phone Store 50th Anniversary “Tejano ... Marketing & Advertising Hercules Barbecue Take-out & Catering Sandra antojo Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply Big Box & Wholesale Store Spa & Massage Center

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

49,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

326
Businesses Nearby

Demographics for 79762, TX

40,253
Population
17,259
Households
2.3
Avg Household Size
34
Median Age
22%
College-Educated
87%
High-School Grad
30.5 sq mi
ZIP Area
1,320
Density / Sq Mi
$74,560
Median Household Income
$45,151
Median Earnings
$1,338
Median Rent
$218,900
Median Home Value

Market

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?
NNN property - Absolute NNN retail lease with full guaranty, situated on a signalized hard corner with high traffic visibility.
Where is this nnn property located?
The property is located at 4200 Andrews Hwy Odessa, TX.
What is the asking price?
The asking price for this property is $1,277,000.
What are key features of this property?
This property features: New 7‑year absolute NNN retail lease; Full guaranty from Crown Wireless, Inc (240 locations); Signalized hard‑corner location on W 42nd St and Andrews Hwy with visibility to 49,000+ cars per day
More about this property
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