Heroes Plaza Strip Center

Heroes Plaza | Odessa, TX

Please Click Link Below to Sign the Confidentiality Agreement to Receive the OM:  

Heroes Plaza Confidentiality Agreement Form

Sands Investment Group is Pleased to Present For Sale the Heroes Plaza Strip Center Located in Odessa, Texas. At 80% Occupancy, This Allows a New Owner to Significantly Increase Cash Flow Through Lease Up of the Remaining Vacancy, Converting All Existing Tenants to Triple Net (NNN) Leases and Pushing the In-Place Rents. The Property Benefits From a Diverse Rent Roll of Internet Resistant, Service Based Tenants. This Property is Also Conveniently Located Along North County Road With an Impressive Traffic Count of 26,485 VPD With Excellent Visibility From the Road.

  • Stabilized Shopping Center: The Center is Currently 97% Occupied, Providing a Stable Investment For a New Owner With Brand-New Leases and Additional Upside in pushing Rents For the Remainder of the Tenants at the Site
  • Traffic: Heroes Plaza Sits Along North County Road West That Sees 26,486 VPD With Excellent Visibility
  • Strong Population Growth: The Population Within a 3-Mile Radius of the Property Has Grown By an Impressive 20.4% Since 2010 With Expected Population Growth of 14.3% By 2027
  • Excellent Consumer Buying Power: With a Household Income of $81,493 Within a 1-Mile Radius of the Property, This Shows the Strong Consumer Buying Power For This Area and the Demand For Service Based Retail
  • High Daytime Population: The Property Benefits From Being Surrounded By 34,487 Employees Within a 3-Mile Radius and Servicing These Employees With Uses Like a Gym, Restaurant and Spa During or After Work Hours
  • Nearby Location Drivers: The Property is Located Near Other Notable Tenants Such as H-E-B Grocery, Sonic, O’Reilly Auto, Planet Fitness, United Supermarkets, Dickey’s BBQ and More, Driving Significant Traffic and Retail Synergy to the Area
  • Odessa College: The Property is in Close Proximity to Several School Campuses, Including Odessa College Which Has Enrollment of Over 7,000 Students

In Cooperation With Sands Investment Group Ausঞn, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481

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