Tuscany Town Center | 4060 Faudree Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Tuscany Town Center 4060 Faudree Rd
20,803 SF 100% Leased Retail Building Odessa, TX 79765 For Sale
Investment Highlights
- Diverse service-oriented, internet resistant tenant line-up poised to serve the rapidly expanding surrounding residential trade area
- Opportunity to maximize value and purchase well below replacement cost on a primary Odessa artery
- Odessa is home to thriving oil and gas, manufacturing, solar energy and aerospace industries, underpinning a strong employment hub
- Adjacent to the Odessa Country Club Pines Course and surrounded by affluent neighborhoods with strong housing values above $478,000 within one mile
- Significant population growth exceeding 22% over the next five years predicted within a 3-mile radius and 31% population growth predicted in 1 mile
- Due to high demand for daily workforce staffing, the Property is immediately surrounded by over 2,580 multifamily units and 820 hotel rooms in 1-mile
Executive Summary
Stabilized, multi-tenant retail center with daily needs tenant line up, offering consistent cash flow and long-term upside through rental appreciation and annual rental escalations. Property is located within an affluent trade area within the fastest growing metro in Texas.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
20,803 SF
Building Class
B
Year Built
2016
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
1.89 AC
Zoning
CL
Parking
102 Spaces (4.9 Spaces per 1,000 SF Leased)
Frontage
255 ft on Faudree Road
Amenities
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 044500005000000 | Improvements Assessment | $3,258,728 CAD |
| Land Assessment | $976,633 CAD | Total Assessment | $4,235,361 CAD |
PROPERTY TAXES
Parcel Number
044500005000000
Land Assessment
$976,633 CAD
Improvements Assessment
$3,258,728 CAD
Total Assessment
$4,235,361 CAD
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Tuscany Town Center | 4060 Faudree Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.