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Downtown Office Suite
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For Lease
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700 N Grant, Odessa, TX 79761

Commercial Sale, Odessa, TX

Space SizeContact for details
Days on Market4

Property Features for 700 N Grant

General Information

Property type Commercial Lease
Property subtype Office
Parking 200
Subdivision Original Town
Lot features Lighted Parking, Corner Lot
Standard status Active
APN 22000.01790.00000
Size 5,000 SF

Taxes and HOA fees

Tax Annual Amount 0

Building Details

Year built 1960
Listing Agency: SIMS & GUESS, REALTORS
Listed By: Gary Sims · License #0400329
Added: Oct 26 Changed: Oct 27 Last Checked: Oct 29 at 5:06PM
MLS# 178448

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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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 5,000-square-foot office suite occupies the 8th floor of the Bank of America Building, a downtown Odessa office property built in 1960. The space is offered for sublease and is suited to office operations.

Key Highlights

  • 5,000‑square‑foot office space on the 8th floor
  • Sublease opportunity at 700 N Grant in Odessa
  • Office building constructed in 1960

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Bank of America ATM Atm Pace Insurance Insurance Agency Leftwich Insurance Insurance Agency FMC Association Or Organization Geniuses For Hire Marketing & Advertising

Suggested Use

Top Pick Real Estate Agency Dental Office Storage Facility Garden Center Parking Lot & Garage (Bike/Boat/Book/etc) Store

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

1,963
Businesses Nearby

Demographics for 79761, TX

30,187
Population
13,591
Households
2.2
Avg Household Size
35
Median Age
14%
College-Educated
76%
High-School Grad
10.4 sq mi
ZIP Area
2,903
Density / Sq Mi
$69,279
Median Household Income
$42,724
Median Earnings
$1,246
Median Rent
$158,400
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

$126 /SF/Yr
Avg Asking Price
$4.31–$240 /SF/Yr
Price Range
8,495 SF
Avg Space Size

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - An upper-floor workspace in a 1960 office building is available for sublease.
Where is this office unit located?
The property is located at 700 N Grant Odessa, TX.
What are key features of this property?
This property features: 5,000‑square‑foot office space on the 8th floor; Sublease opportunity at 700 N Grant in Odessa; Office building constructed in 1960
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Includes: Price & PSF · Cap rate · Location · Zoning

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