A cash-flowing, four-tenant retail strip center in Odessa's East 56th Street corridor. In-place NOI of $219,000 supports a 7.50% going-in cap on the $2,920,000 asking price.
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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 |
Every suite is leased and generating rent at close. Suite-level contributions are documented in the rent roll, and 2026 NNN expense reconciliations detail expense recoveries.
Beyond contractual escalations, ongoing residential and retail development on East 56th Street continues to strengthen the trade area — a supportive backdrop for future rent growth at lease rollover.
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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