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305 E University 305 E University Blvd 10,756 SF of Retail Space Available in Odessa, TX 79762
HIGHLIGHTS
- Fenced yard space, warehouse, retail frontage, endcap
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 10,756 SF | Negotiable | $8.00 /SF/YR $0.67 /SF/MO $86.11 /m²/YR $7.18 /m²/MO $7,171 /MO $86,048 /YR | Triple Net (NNN) |
1st Floor
Retail store front with warehouse in the back, two bay doors, almost two acres of yard space directly behind and to the west of building.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Central Air Conditioning
- High Ceilings
- Yard Space, Great Location, Storage, Visibility,
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
| Total Space Available | 10,756 SF | Gross Leasable Area | 10,756 SF |
| Property Type | Retail | Year Built | 1957 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 10,756 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 10,756 SF |
| Year Built | 1957 |
ABOUT THE PROPERTY
Retail storefront with warehouse in rear with two overheard doors and fenced back yard as well as an additional separate 1 acre fenced yard directly to the west.
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| N Hancock Ave | E University Blvd, S | 1,207 | 2025 | 0.07 mi |
| E University Blvd | N Jackson Ave, E | 17,475 | 2025 | 0.08 mi |
| E University Blvd | N Tom Green Ave, E | 18,844 | 2025 | 0.10 mi |
| N Tom Green Ave | E University Blvd, N | 476 | 2025 | 0.13 mi |
| N Tom Green Ave | E University Blvd, S | 438 | 2025 | 0.13 mi |
| Andrews Hwy | Cummings Dr, N | 23,347 | 2025 | 0.14 mi |
| E University Blvd | N Tom Green Ave, W | 19,150 | 2025 | 0.15 mi |
| Andrews Hwy | E 25th St, S | 19,011 | 2023 | 0.17 mi |
| Andrews Highway | E 25th St, S | 19,141 | 2025 | 0.17 mi |
| N Muskingum Ave | E University Blvd, S | 709 | 2025 | 0.19 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
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