A stabilized retail investment offered 100% leased at closing, with all four suites occupied by service-based tenants on triple-net leases.
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| Address | 6124 E. 56th Street, Odessa, TX |
|---|---|
| Property Type | Multi-Tenant Retail Strip Center |
| Asking Price | $2,920,000 |
| In-Place NOI | $219,000 |
| Cap Rate | 7.50% |
| Occupancy | 100% |
| Lease Structure | NNN (triple-net) |
| Number of Tenants | 4 |
| Building Size | ±10,000 SF |
| Land Size | ±0.58 Acres |
| Year Built | 2023 |
| Investment Type | Fully leased NNN retail — passive income / 1031-eligible |
The rent roll is complete: Suite 100 (Fitness Studio, 5,000 SF), Suite 102 (Massage Therapy, 2,000 SF), Suite 106 (Barber Shop, 1,000 SF), and Suite 110 (Speech Therapy, 2,000 SF, with a scheduled bump to $20.50/SF NNN).
Full occupancy at close eliminates lease-up execution risk. Service tenants (fitness, personal care, therapy) are less exposed to e-commerce than goods-based retail. NNN structure limits landlord operating volatility.
The same asset framed for different investor lenses:
Full financials, rent roll, and expense recovery detail. Watermarked PDF after approval.
Coordinated with the listing representative at your convenience.
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