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JPM Investments |
Permian Oasis Plaza 5000 Loop 338 1,875 - 18,750 SF of Retail Space Available in Odessa, TX 79762
HIGHLIGHTS
- Easy access from Highway 191
- Nearby the Ponderosa Estates & Betenbough community of 228+ single family homes (currently under construction)
- Approximately 824 ft of Loop 338 frontage
- Located in a high traffic, affluent area
- Tenant Improvement: $20 per SF
SPACE AVAILABILITY (10)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste B | 1,875 SF | 5-10 Years | $22.00 /SF/YR $1.83 /SF/MO $236.81 /m²/YR $19.73 /m²/MO $3,438 /MO $41,250 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste D | 1,875 SF | 5-10 Years | $22.00 /SF/YR $1.83 /SF/MO $236.81 /m²/YR $19.73 /m²/MO $3,438 /MO $41,250 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste J | 1,875 SF | 5-10 Years | $22.00 /SF/YR $1.83 /SF/MO $236.81 /m²/YR $19.73 /m²/MO $3,438 /MO $41,250 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste K | 1,875 SF | 5-10 Years | $19.00 /SF/YR $1.58 /SF/MO $204.51 /m²/YR $17.04 /m²/MO $2,969 /MO $35,625 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste M | 1,875 SF | 5-10 Years | $19.00 /SF/YR $1.58 /SF/MO $204.51 /m²/YR $17.04 /m²/MO $2,969 /MO $35,625 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste N | 1,875 SF | 5-10 Years | $22.00 /SF/YR $1.83 /SF/MO $236.81 /m²/YR $19.73 /m²/MO $3,438 /MO $41,250 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste O | 1,875 SF | 5-10 Years | $19.00 /SF/YR $1.58 /SF/MO $204.51 /m²/YR $17.04 /m²/MO $2,969 /MO $35,625 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste P | 1,875 SF | 5-10 Years | $22.00 /SF/YR $1.83 /SF/MO $236.81 /m²/YR $19.73 /m²/MO $3,438 /MO $41,250 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste Q | 1,875 SF | 5-10 Years | $22.00 /SF/YR $1.83 /SF/MO $236.81 /m²/YR $19.73 /m²/MO $3,438 /MO $41,250 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste R | 1,875 SF | 5-10 Years | $22.00 /SF/YR $1.83 /SF/MO $236.81 /m²/YR $19.73 /m²/MO $3,438 /MO $41,250 /YR | Triple Net (NNN) |
1st Floor, Ste B
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 18,750 SF of adjacent space
1st Floor, Ste D
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 18,750 SF of adjacent space
1st Floor, Ste J
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 18,750 SF of adjacent space
1st Floor, Ste K
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 18,750 SF of adjacent space
1st Floor, Ste M
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 18,750 SF of adjacent space
1st Floor, Ste N
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 18,750 SF of adjacent space
1st Floor, Ste O
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 18,750 SF of adjacent space
1st Floor, Ste P
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 18,750 SF of adjacent space
1st Floor, Ste Q
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 18,750 SF of adjacent space
1st Floor, Ste R
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 18,750 SF of adjacent space
- Drive Thru
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 | 18,750 SF | Gross Leasable Area | 39,375 SF |
| Property Type | Retail | Year Built | 2023 |
| Property Subtype | Storefront |
| Total Space Available | 18,750 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 39,375 SF |
| Year Built | 2023 |
ABOUT THE PROPERTY
There are two end cap units with a drive-thru. The width is 50' and the depth is 75' deep. The lease is NNN plus Cam charges and the total square feet of the suite is 3,750 but can be built up to 5,625. The in-line units are 1,875 SF. All are gray spaces and available to start building out while construction is still going on. The owner is allowing tenant improvements for up to $20-24 (negotiable) per square foot.
- Drive Thru
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| 56th St | NE Loop 338 Naval Base, W | 1,920 | 2015 | 0.09 mi |
| 56th St | California Ave, E | 2,706 | 2022 | 0.09 mi |
| NE Loop 338 | 52nd St, SE | 6,407 | 2022 | 0.12 mi |
| 52nd St | NE Loop 338, E | 5,167 | 2022 | 0.23 mi |
| 52nd St | NE Loop 338 Naval Base, E | 3,040 | 2015 | 0.23 mi |
| 52nd Street | NE Loop 338, E | 6,069 | 2020 | 0.23 mi |
| NE Loop 338 | Arroyo Rd Xrd, N | 10,487 | 2022 | 0.85 mi |
| NE Loop 338 Naval Base | Arroyo Rd, N | 8,600 | 2015 | 0.85 mi |
| Northeast Loop 338 | 42nd St, S | 14,995 | 2022 | 0.92 mi |
| E 52nd St | John Ben Shepperd Pkwy, W | 6,231 | 2022 | 0.95 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
POP Picture Overhead