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O'Reilly Auto Parts Retail Property
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7190 W University Blvd, Odessa, TX 79764

Freestanding automotive retail building with a long-term lease and multiple extension options.

Property SizeContact for details
Days on Market144

Property Features for 7190 W University Blvd

General Information

Standard status Active
Property subtype Retail
Listing Agency: Marcus & Millichap - Miami
Listed By: Ricardo Esteves · License #FL SL-3402581
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 11:25AM

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 Marcus & Millichap - Miami

Investment Insights

Based on property information with market context.

This fee-simple automotive retail property includes a freestanding 7,350-square-foot building on a .77-acre parcel. Built to suit in 2017 for O'Reilly Auto Parts, the asset is occupied under an initial lease term with over 16 years remaining and structured rent increases. The lease also provides Four Options to extend for Five Years each.

The property occupies the hard-signalized intersection of North Redondo Avenue and West University Boulevard in Odessa, providing access from both thoroughfares. The immediate trade area includes Family Dollar, Dollar General, Sonic, Stripes, Little Caesars Pizza, Domino’s, 7-Eleven, H-E-B, CVS, and other national and regional retailers.

Key Highlights

  • 7,350‑square‑foot freestanding automotive retail building
  • .77‑acre parcel at 7190 W University Blvd, Odessa, TX 79764
  • Built to suit in 2017 for O'Reilly Auto Parts

Property Analytics

Current Use

O'Reilly Auto Parts Auto Parts Store Pacas Body Shop Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Hair Salon Spa & Massage Center Big Box & Wholesale 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.

Location Intelligence

Trade Area within ½ mile

150
Businesses Nearby
Balanced
Demand for This Use

Demographics for 79764, TX

26,271
Population
10,326
Households
2.5
Avg Household Size
33
Median Age
20%
College-Educated
74%
High-School Grad
54.5 sq mi
ZIP Area
482
Density / Sq Mi
$68,367
Median Household Income
$52,054
Median Earnings
$944
Median Rent
$150,400
Median Home Value

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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Frequently Asked Questions

What type of property is this?
Automotive property - Freestanding automotive retail building with a long-term lease and multiple extension options.
Where is this automotive property located?
The property is located at 7190 W University Blvd Odessa, TX.
What are key features of this property?
This property features: 7,350‑square‑foot freestanding automotive retail building; .77‑acre parcel at 7190 W University Blvd, Odessa, TX 79764; Built to suit in 2017 for O'Reilly Auto Parts
(786) 522-7017 Call to check price and availability
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