Heroes Plaza Shopping Center

2421-2429 N County Road W, Odessa, TX 79763

Property Information

  • For Sale $5,300,000
  • Property Type Retail - Street Retail
  • Property Size 60,140 SF
  • Date Updated Apr 29, 2026

Description

Located along N County Road W in Odessa’s prominent retail corridor, within minutes of H-E-B, Walmart, and Odessa College, offering strong visibility and access near major arterials.NETNETDIRECT, on behalf of Ownership, is pleased to offer for sale 2421-2429 N County Road W., Odessa, Texas 79763. The Property consists of a 60,140 SF building situated on a 3.39 acre parcel of land in the rapidly growing community of Odessa, TX, directly in a strong retail corridor, just minutes away from major grocers like H-E-B and Walmart. The Property was constructed in 1969, and has 8 total suites with one space currently vacant, offering an opportunity for an increased return. The center is anchored by TruFit, a San Antonio based, corporate operated, low cost health club. The lease has a corporate guarantee from TruFit and has 3.8 years remaining on the lease with 3, 5-year renewal options.

Highlights

  • 17.5% VACANCY FACTOR - The property is currently 82.5% occupied, allowing for increased return through lease-up. This vacancy has been leased by Spirit Halloween in the past, providing seasonal income.
  • BELOW MARKET RENTS | SHORT-TERM LEASES - Multiple tenants have leases close to expiration with no options and rates below market rents, offering the opportunity for a new owner to push for higher rates on lease renewals and new leases.
  • EXCELLENT LOCATION IN PATH OF GROWTH - Situated with excellent access and visibility on N County Rd W (27,802 VPD) and W University Blvd (22,180 VPD) with more than 22,000 households within 3 miles. Population forecasted to exceed 215,000 by 2040.
  • INCOME TAX-FREE STATE - Texas is one of a select few states that does not have a state income tax.
  • NEW PARKING LOT - Parking lot was patched, re-sealed and re-striped as of March 2025.
  • TENANT WITH STRONG OPERATING HISTORY AND CORPORATE GUARANTEE - TruFit Athletic Clubs is a chain of fitness centers based in San Antonio, TX. TruFit owns and operates 40+ fitness locations across Texas and Tennessee with more locations planned. Estimated annual revenue is $152.2M per year.

Contacts

Chris Adams

Trade Properties

Location

Located at 2421-2429 N County Road W, Odessa, TX 79763, this property is part of the Odessa neighborhood and Midland Odessa market.

Contact Listing Broker
Chris Adams

Trade Properties

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