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Freestanding Building on Andrews Highway

3636 Andrews Hwy, Odessa, TX 79762

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For Sale

Contact for pricing

Value-add opportunity with high traffic and flexible uses.

Type:Retail

Property size:

11,896 SF

Lot size:

1.01 Acres

Price / SF:

$252/SF

HighLights

High‑traffic location on Andrews Highway with 15,000‑30,000 vehicles per day.
Value‑add opportunity with potential for increased value.
Freestanding building with 11,896 SF on 1.005 acres.
Flexible open floor plan suitable for retail, restaurant, or office use.
Easy access for customers and deliveries.
Seller open to multiple deal structures, including real estate and/or existing grocery business purchase.

We can help!

Contact an agent

Hien Tieu

For Sale

Contact for pricing

Value-add opportunity with high traffic and flexible uses.

Type:Retail

Property size:

11,896 SF

Lot size:

1.01 Acres

Price / SF:

$252/SF

Added:: Feb 22, 2026
Days on Market:: 125
Last Refresh:: Mar 17 at 1:17 pm

Property Features for 3636 Andrews Hwy

General Information

Standard status: Active
Size: 11,896 SF
Lot size: 1.01 Acres
Property subtype: Retail

Building Details

Year Built: 1970

We can help!

Contact an agent

Hien Tieu

Listing office Brix & Co. Realty

Listing date Feb 22, 2026

Source Crexi

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 Brix & Co. Realty

HighLights

High‑traffic location on Andrews Highway with 15,000‑30,000 vehicles per day.
Value‑add opportunity with potential for increased value.
Freestanding building with 11,896 SF on 1.005 acres.
Flexible open floor plan suitable for retail, restaurant, or office use.
Easy access for customers and deliveries.
Seller open to multiple deal structures, including real estate and/or existing grocery business purchase.

Overview

This 11,896 square foot freestanding building is situated on approximately 1.005 acres along one of Andrews Highway's busiest corridors, which sees an estimated 15,000 to 30,000 vehicles daily. The property offers easy access and is suitable for investment. Its open floor plan can accommodate a variety of uses, including retail, restaurant, and office spaces. The seller is open to various deal structures, including the purchase of the real estate and/or the existing grocery business.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$228.4k	$19.20
− Vacancy	−$16.0k	−$1.34
EGI	$212.4k	$17.86
− OpEx	−$53.1k	−$4.46
NOI	$159.3k	$13.39

11,896 SF · lease $19.20/SF/yr · vacancy 7.00% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$2.28M

$1.99M – $2.66M (±1% cap)

NOI $159,311 @ 7.0% cap · market cap 5.31%

Second Best

Office B

$2.26M

$1.98M – $2.64M (±1% cap)

NOI $158,321 @ 7.0% cap · market cap 5.28%

Theoretical Best

Flex RnD

$17.29M

$15.13M – $20.18M (±1% cap)

NOI $1,210,588 @ 7.0% cap · market cap 40.35%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Oriental Market Grocery & Convenience Store

Suggested Use

Location Insight

Map
Local Demand

City: Odessa
County: Ector
State: Texas
Longitude: -102.38258
Latitude: 31.876996

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For sale
Retail space
TX
Odessa
79762
3636 Andrews Hwy

What type of property is this?

Retail space - Value-add opportunity with high traffic and flexible uses.

Where is this retail space located?

The property is located at 3636 Andrews Hwy Odessa, TX.

What is the asking price?

The asking price for this property is $3,000,000.

What are key features of this property?

This property features: High‑traffic location on Andrews Highway with 15,000‑30,000 vehicles per day.; Value‑add opportunity with potential for increased value.; Freestanding building with 11,896 SF on 1.005 acres.