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Property profile & analytics
OFF-MARKET
Strip malls

2901 Interstate 20 Odessa, TX 79761

9,000 SF 1.09 ac lot Built 2020
Property ID
Property summary
AI-generated overview

The Rectangle Plaza, located at 2901 E Interstate 20, Odessa, TX 79761, offers 9,000 square feet of retail space in a single-story building constructed in 2020. This property sits on a 1.09-acre lot and is zoned for Light Industrial use in Ector County. Currently, there are 6,375 square feet of vacant space available, divisible into units as small as 1,500 square feet, with a maximum contiguous space of 1,875 square feet. The building features a total of five suites. Ample parking is provided with approximately 55 spaces. The property enjoys excellent visibility and accessibility due to its Interstate 20 location, experiencing an estimated 55,000 vehicles per day. The lease rate is $25.00 per square foot, plus NNN charges. This versatile space is suitable for various uses, including office, restaurant, medical, and strip mall configurations. Cross street access is available via S Pagewood Ave. No elevators are present.

Property profile
Verified
Property type Strip malls
Year built 2020
Total area 9,000 SF
Lot 1.09 ac (47,480 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • La Norteña Tamale Factory Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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