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Walgreens Drugstore
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1707 W 8th St, Odessa, TX 79763

The Odessa property has a net lease under which the tenant covers most operating expenses.

Property SizeContact for details
Days on Market6

Property Features for 1707 W 8th St

General Information

Standard status Active
Property subtype Retail

Additional Details

Highway Access Yes

Building Details

Tenancy Single
Listing Agency: Exclusive Realty
Listed By: Steve Sagmani · License #6502426558
Source: Crexi
Added: Sep 22 Changed: Sep 26 Last Checked: Sep 26 at 2:50PM

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 Exclusive Realty

Investment Insights

Based on property information with market context.

The property at 1707 W 8th St in Odessa is a Walgreens drugstore occupied under a NNN lease. The tenant is responsible for substantially all operating expenses, including real estate taxes, insurance, and maintenance, subject to the lease terms.

The site is described as having access to Interstate 20, U.S. Highway 385, State Highway 191, and Loop 338, connecting it with Odessa, Midland, Monahans, and the surrounding West Texas area.

Key Highlights

  • Walgreens drugstore at 1707 W 8th St, Odessa, TX 79763
  • NNN lease assigns substantially all operating expenses to the tenant, subject to lease terms
  • Access to Interstate 20, U.S. Highway 385, State Highway 191, and Loop 338

Property Analytics

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Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store Western Union Bank FedEx OnSite Postal Service COVID-19 Drive-Thru Testing ... Pharmacy Walgreens Pharmacy

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Skin Care Clinic Gym & Fitness 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

Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,152
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Similar Off Market Nearby

  • CBD Heaven — 905 E 8th St, Odessa, TX 79761
  • WALGREENS — 801 Maple Ave, Odessa, TX 79761
  • Christopher Rhonor — 801 Maple Ave, Odessa, TX 797612807
  • Emmanuel Addo — 801 Maple Ave, Odessa, TX 797612807
  • COVID-19 Drive-Thru Testing at Walgreens — 801 Maple Ave, Odessa, TX 79761

Frequently Asked Questions

What type of property is this?
Drug store - The Odessa property has a net lease under which the tenant covers most operating expenses.
Where is this drug store located?
The property is located at 1707 W 8th St Odessa, TX.
What is the asking price?
The asking price for this property is $4,975,000.
What are key features of this property?
This property features: Walgreens drugstore at 1707 W 8th St, Odessa, TX 79763; NNN lease assigns substantially all operating expenses to the tenant, subject to lease terms; Access to Interstate 20, U.S. Highway 385, State Highway 191, and Loop 338
(248) 833-6601 Call to check price and availability
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