Flex Space with
For Lease
Contact for pricing
16430 W Interstate 20, Odessa, TX 79763
Office plans include reception, conference, and break-room areas, with tenant changes possible before insulation and office framing.
Space SizeContact for details
Days on Market33
Property Features for 16430 W Interstate 20
General Information
Standard status
Active
Lease Type
NNN
Lease Terms
Lease Rate
$23,500 /USD/MO
Monthly Rent
$22,700-$23,500
Lease Term
84 months
Flexible Term
Yes
Taxes and HOA fees
Annual Taxes
$2,500
Listing Agency:
New Heights Real Estate
(210) 824-1476
Listed By:
Cassandra Pearce · License #TREC#0588281
(432) 703-2545
Source:
Exprealty
Added: Sep 15
Changed: Oct 16
Last Checked: Oct 16 at 2:13PM
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 New Heights Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
New construction combines 2,516-square-foot first-floor offices, 2,516-square-foot second-floor offices, a 10,000-square-foot shop, and a 2,000-square-foot addition. A full mezzanine extends almost 50 feet deep, with a parts cage below. Plans also include a reception counter, conference room, and break room. Prospective tenants can request changes before spray foam installation and office framing. The building is not engineered for cranes.
The property comprises approximately 4+- acres at 16430 W Interstate 20 in Odessa, two lots west of FM 867/Exit 104 and just west of the Allsup's Truck Stop. Lease structures are NNN, with 3-year, 5-year, and 7-year terms available.
The property comprises approximately 4+- acres at 16430 W Interstate 20 in Odessa, two lots west of FM 867/Exit 104 and just west of the Allsup's Truck Stop. Lease structures are NNN, with 3-year, 5-year, and 7-year terms available.
Key Highlights
- 10,000‑square‑foot shop with a 2,000‑square‑foot addition
- Office areas comprise 2,516 square feet on each of two stories
- Full mezzanine almost 50ft deep, with a parts cage underneath
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
179
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79763, TX
39,767
Population
15,063
Households
2.6
Avg Household Size
33
Median Age
9%
College-Educated
70%
High-School Grad
50.4 sq mi
ZIP Area
789
Density / Sq Mi
$57,618
Median Household Income
$45,267
Median Earnings
$1,097
Median Rent
$127,300
Median Home Value
Market
Lease Benchmarks for Odessa, TX
$14.43 /SF/Yr
Avg Asking Price
$3.75–$26 /SF/Yr
Price Range
10,656 SF
Avg Space Size
This space is priced 4% above the average of $14.43 /SF/Yr.
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Office plans include reception, conference, and break-room areas, with tenant changes possible before insulation and office framing.
Where is this flex space located?
The property is located at 16430 W Interstate 20 Odessa, TX.
What are key features of this property?
This property features: 10,000‑square‑foot shop with a 2,000‑square‑foot addition; Office areas comprise 2,516 square feet on each of two stories; Full mezzanine almost 50ft deep, with a parts cage underneath
