Current Use by Public Records
- Retail properties & Spaces
Property Details for 14410 14480 14450
- Year built
- 2023
- Lot size
- 5.00 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Office Spaces
Description
This exceptional 18,700 square foot executive office complex, built in 2023, is situated on a 5-acre lot with prime I-20 frontage in Odessa, Texas (zip code 79763). The property features a 16,000 square foot shop area and a 4,500 square foot office space. The office areas include HVAC on both the first and second floors. Additional features include an 80 x 35 square foot overhang, a covered mechanic pit in the rear, and a small apartment and additional offices on the second story. The property is DOT approved, offering convenient access. The asking price is $2,400,000. Lease options are available, with a current rate of $23,000 per month NNN for a 5-10 year lease, including a 3% annual increase in years 7 and 9. A shorter 1-5 year lease is also available at $24,000 per month NNN, with a 3% annual increase in years 3, 5, and 7. A special discount is offered for the purchase of multiple adjacent units.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Odessa
- County
- Ector
- State
- Texas
- Longitude
- -102.507
- Latitude
- 31.8045
