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Parks Legado Town Center 7260 E Highway 191 49,167 SF 100% Leased Retail Building Odessa, TX 79765 For Sale



INVESTMENT HIGHLIGHTS
- Highly visible frontage with 53k+ VPD on HWY 191
- Directly adjacent to 3 hotels totaling 341 rooms and 201k annual visits
- 10 out of 15 tenants expiring without fixed options
- 8 out 15 tenants have annual contractual rent increases
EXECUTIVE SUMMARY
JLL is pleased to present Parks Legado Town Center ("The Property") a 49,167 square foot shopping center located in the Midland-Odessa MSA. The Property is currently 100% leased and features an ideal tenant mix of national and local soft goods and food and beverage tenants. National retailers include Hopdoddy, Jersey Mike’s, AT&T, Edward Jones, and WalkOn’s. The Property also benefits from close proximity to a number of national hotels and excellent frontage on TX Highway 191.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
49,167 SF
Building Class
B
Year Built
2015
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
10.99 AC
Parking
286 Spaces (5.82 Spaces per 1,000 SF Leased)
Frontage
380’ on TX- 191 Frontage
AMENITIES
- Signage
- Wheelchair Accessible
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 998000013800000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $185,474 CAD |
PROPERTY TAXES
Parcel Number
998000013800000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$185,474 CAD
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Parks Legado Town Center | 7260 E Highway 191
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