2421-2429 N County Road W - Storefront FOR SALE


Odessa, TX 79763
$5,300,000 USD
972-597-9686
2421-2429 N County Road W, Odessa, TX for Sale
$5,300,000 USD
Storefront - FOR SALE
1/13
null | 9.54% Cap Rate

2421-2429 N County Road W
Odessa, TX 79763


OVERVIEW

Heroes Plaza Shopping Center is a 60,140 SF multi-tenant retail center in Odessa, TX offered at $5,300,000 (9.54% cap, $88/SF). Anchored by TruFit Athletic Clubs (35,000 SF, NNN, corporate guarantee, 3.6 yrs remaining), the center sits on 3.39 acres at a high-traffic intersection on N County Road W (27,802 VPD) in the heart of the Permian Basin. The multiple below-market leases near expiration offer a new owner significant upside toward the market average of $18.17/SF. Odessa ranks 2nd highest per capita income in the U.S. and is the 5th largest MSA economy in Texas. New parking lot completed March 2025. Texas has no state income tax.

FOR SALE DETAILS

PRICE

$5,300,000 USD

PRICE/SF

$88 USD /SF

CAP RATE

9.54%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heroes Plaza Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.39 AC

LAND SF

147,668 SF

ZONING

EB3

APN/PARCEL ID

358000019600000,358000019700000,358000019800000

ASK ABOUT THIS PROPERTY

Chris AdamsTrade PropertiesMore Info
972-597-9686

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Chris AdamsTrade PropertiesMore Info
972-597-9686

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.