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New Retail Space
For Lease
$3,000/Mo CAM $875 /USD/MO

3601 Billy Hext Rd., Odessa, TX 79765

Commercial Sale, Odessa, TX

Space Size1,500 SF
Lot Size2.00 Acres
Days on Market309

Property Features for 3601 Billy Hext Rd.

General Information

Property type Commercial Lease
Property subtype Retail
Lot features Lighted Parking, Corner Lot
Subdivision EF5
Standard status Active
APN 1111
Size 1,500 SF
Lot size 2.00 Acres

Taxes and HOA fees

Tax Annual Amount 0

Building Details

Year built 2024
Building materials Block
Roof type Flat
Listing Agency: EXIT Permian Basin Realty · EXIT Realty
Listed By: Joe Garcia · License #0591918
Added: Dec 30, 2025 Changed: Oct 8 Last Checked: Nov 3 at 6:06AM
MLS# 151894

Copyright © 2026 Odessa Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 1,500-square-foot retail space was built in 2024 and features block construction with a flat roof. The 2-acre property is located at 3601 Billy Hext Rd. in Odessa, Texas.

The space is available under a triple-net lease with a minimum term of five years. Liquor stores, vape shops, and CBD businesses are excluded uses.

Key Highlights

  • 1,500 square feet of retail space
  • Built in 2024 with block construction and a flat roof
  • Situated on a 2‑acre property at 3601 Billy Hext Rd., Odessa, TX 79765

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Auto Repair Shop Kitchen & Bath Showroom Parking Lot & Garage

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

157
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Odessa, TX

$19.99 /SF/Yr
Avg Asking Price
$6.86–$30 /SF/Yr
Price Range
6,548 SF
Avg Space Size

This space is priced 20% above the average of $19.99 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The property is offered on a triple-net basis with a five-year minimum lease term.
Where is this retail space located?
The property is located at 3601 Billy Hext Rd. Odessa, TX.
What is the lease rate?
The lease rate is $3,875/Mo.
What are key features of this property?
This property features: 1,500 square feet of retail space; Built in 2024 with block construction and a flat roof; Situated on a 2‑acre property at 3601 Billy Hext Rd., Odessa, TX 79765
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