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Sunset Plaza - Retail Space For Lease Linda
8,500 SF of Retail Space Available in Odessa, TX 79763
Highlights
- 8,500 square feet of shell space
- High ceilings of 50 feet are featured
- Clear visibility to highway 302 allows for accessibility
- This property will become available in 30 days
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 8,500 SF | Negotiable | $36.85 CAD/SF/YR $3.07 CAD/SF/MO $396.70 CAD/m²/YR $33.06 CAD/m²/MO $26,105 CAD/MO $313,261 CAD/YR | Triple Net (NNN) |
1st Floor
Brand New Retail Center Located South of the Walmart on Loop 338 & W 22nd Street Great Retail Location
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- New Construction Retail Center
- Tenant Improvment Allowance Available
- Grey Box Condition
- Space Size can be Modified
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR Linda , Odessa, TX 79763
Property Type | Retail | Year Built | 2024 |
Property Subtype | Storefront | Cross Streets | W 22nd Street |
Gross Leasable Area | 12,000 SF |
Property Type | Retail |
Property Subtype | Storefront |
Gross Leasable Area | 12,000 SF |
Year Built | 2024 |
Cross Streets | W 22nd Street |
About the Property
This 12,000 square foot retail property sits on 1.15 acres of land. The property is currently zoned EB3 and is in shell condition for future tenant. Property is one block away from highway 302, providing for excellent visibility to passing traffic. Retail property in Sunset Plaza expected to be completed in 2024.
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Sunset Plaza - Retail Space For Lease | Linda
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