Retail Space / Texas / Odessa / 79764 / 3050 West University Boulevard

3050 West University Boulevard

Q: What is the asking price for 3050 West University Boulevard in Odessa?

The asking price for 3050 West University Boulevard is $6,711,000

Q: What is the building size of this Retail property in Odessa, TX?

The size of the building/unit at 3050 West University Boulevard in Odessa is 13,225 square feet.

Q: What is the population within 1 mile of 3050 West University Boulevard?

The population within 1 mile of 3050 West University Boulevard Odessa, TX 79764 is 5,294 people.

Q: Who do I contact for questions about 3050 West University Boulevard?

You should contact the listing agent, Matthew Mousavi, for any details regarding this commercial listing.

Odessa, TX 79764

Listing ID: 255605

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3050 West University Boulevard | for Sale | Thumbnail 1

3050 West University Boulevard | for Sale | Thumbnail 2

Building Size: 13,225 SF

Lot Size: --

Land Size: --

Building $/SF: $507.45

Land $/SF:

Price

$6,711,000

Property Highlights

CVS Health Corporation guaranteed lease SP BBB

The lease is absolute net lease structure with 24 years remaining and 10 5-year options to extend

Offering is located in Texas, a state income tax-free state

Site is complete with a pylon or monument sign, increasing visibility

Building is equipped with a drive-thru pharmacy, providing ease and convenience for consumers

More than 114,000 residents with a healthy average household income of$78,500 support the 5-mile trade area

Description

The property is located at the signalized hard corner intersection of W. University Blvd. and State Highway 302, averaging a combined 48,900 vehicles passing by daily.

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Midland History of Retail Space for Sale

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Month	Payment	Principal	Interest	Total Interest	Balance
$0.00	$0.00	$0.00	$0.00	$0.00	$0.00

Listing Demographics for 3050 West University Boulevard Odessa, TX 79764

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		5,294	53,541	115,896
Population Median Age		33	32	33
Population by Age	0-9 Yrs	931 (17%)	9377 (17%)	20173 (17%)
	10-19 Yrs	818 (15%)	8419 (15%)	18408 (15%)
	20-29 Yrs	770 (14%)	9407 (17%)	18620 (16%)
	30-39 Yrs	897 (16%)	7792 (14%)	17093 (14%)
	40-49 Yrs	630 (11%)	5907 (11%)	12662 (10%)
	50-59 Yrs	530 (10%)	5561 (10%)	12101 (10%)
	60-69 Yrs	472 (8%)	3795 (7%)	8804 (7%)
	70+ Yrs	248 (4%)	3284 (6%)	8034 (6%)

Median HH Income		$71,980	$53,575	$58,498
Total Household Income	< 24K	250 (15%)	3478 (20%)	7121 (19%)
	25-49K	362 (22%)	4401 (26%)	8885 (23%)
	50-74K	210 (13%)	3359 (19%)	7290 (19%)
	75-99K	234 (14%)	2216 (13%)	5199 (13%)
	100-199K	467 (29%)	2863 (17%)	7571 (20%)
	200K+	68 (4%)	490 (2%)	1316 (3%)

Highest Education Level	No Diploma	819	9749	17445
	Diploma or GED	805	9323	21572
	Some College	1022	6890	16093
	Assoc. Degree	186	2043	4631
	Bachelors Degree	322	2660	6459
	Higher Degree	56	683	2384

Total Housing Units		1,802	18,779	41,430
--Owner-Occupied		1,102	9,872	23,673
--Renter-Occupied		489	6,934	13,709
Owner-Occupied Values	< 100K	284	4555	8777
	100-199K	628	4426	10533
	200-299K	175	701	3289
	300-399K	0	46	564
	400-499K	6	43	201
	500K+	10	101	309

Total Working Age Population		3,852	38,788	84,179
In Work Force		2,820	26,331	57,320
Not In Work Force		1,032	12,457	26,859
Workforce Employed		2,709	24,682	53,434
Workforce Unemployed		111	1,649	3,846
Civlian Workforce		2,820	26,331	57,280
Military Workforce		0	0	39

Total Households		1,591	16,806	37,381
Family Households		1,167	11,413	25,957
Non-Family Households		424	5,393	11,424
Married Couple		876	7,285	16,791
Other Family		291	4,128	9,166
Married w/Child		435	3,390	7,951
Single Male w/Child		23	334	1,041
Single Female w/Child		116	1,812	3,747

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Texas	20,851,820	+21	25,145,561	+18	29,677,668	+18	34,894,452
Ector County	121,123	+13	137,130	+35	184,841	+38	255,418

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 3050 West University Boulevard in Odessa?

The asking price for 3050 West University Boulevard is $6,711,000

What is the building size of this Retail property in Odessa, TX?

The size of the building/unit at 3050 West University Boulevard in Odessa is 13,225 square feet

What is the population within 1 mile of 3050 West University Boulevard in Odessa?

The population within 1 mile of 3050 West University Boulevard Odessa, TX 79764 is 5,294 people.

Who do I contact for questions about 3050 West University Boulevard?

You should contact the listing agent, Matthew Mousavi, for any details regarding this commercial listing.

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110 E 29th St, Odessa, TX	$535,000	7420	-
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3108 North Loop 250 West, Midland, TX	$2,724,000	10099	0.8
3200 North Loop 250 West, Midland, TX	$6,070,000	94579	-
4400 Midland Dr, Midland, TX	$20,000	1141	-
1119 Andrews Highway, Midland, TX	CALL	19500	-
2600 W Wall St, Midland, TX	$1,035,000	13700	1.26
3001 Loop 250 Frontage Road, Midland, TX	$2,846,000	7479	1

Closest Commercial Airports

Airport	Distance (mi)
Lubbock Preston Smith International Airport (LBB)	129
Rick Husband Amarillo International Airport (AMA)	236
Sheppard Air Force Base-Wichita Falls Municipal Airport (SPS)	271