Designed for investors who want commercial real estate exposure without active management: fully leased at close, NNN structure, and a modern building with limited near-term capital demands.
Verified property facts. This block is provided in machine-readable form for search engines and AI answer engines.
| 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 |
Under NNN leases the tenants are responsible for their pro-rata share of taxes, insurance, and CAM. The 2023 construction reduces the likelihood of unexpected roof, HVAC, or structural expenses in the near term.
Private investors adding stabilized retail to a diversified portfolio, professionals seeking supplemental income, retirees looking for durable cash flow, and family offices seeking passive Sun Belt exposure.
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.
Questions about the asset, financing, or 1031 timelines? Reach out.