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Delaware Building - Build-to-Suit 407 W 2nd St

5,000 - 11,000 SF of Office/Retail Space Available in Odessa, TX 79761

Highlights

  • The Delaware Building at 407 W 2nd Street is an 11,000-square-foot, two-story standalone building at the heart of Odessa, Texas.
  • Embedded in a dense professional area with Medical Center Hospital, Odessa Regional, over a dozen government agencies, and more just blocks away.
  • Incredible access and exposure via Business Loop 20, providing average traffic counts of over 20,000 vehicles per day.
  • Versatile, open layout with build-to-suit services offered, affording tenants unlimited flexibility to customize the perfect space.
  • Walkable amenities like Patrick Clay’s, El Sinaloense, The Ector Theatre, The House, and Permian Basin Hamburger Co. provide convenience and traffic.
  • Generous two-month rent abatement offered to help get settled in with flexible lease terms overall. Inquire now to learn more.

Features

Clear Height
19’
Warehouse Floor
1’
Drive In Bays
2
Standard Parking Spaces
18

all available space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 5,000-11,000 SF
  • Negotiable
  • $18.00 /SF/YR $1.50 /SF/MO $198,000 /YR $16,500 /MO
  • Office/Retail
  • Shell Space
  • 30 Days

Take advantage of this 11,000-square-foot commercial space with a flexible open floor plan built to suit any business needs. Located directly across from Medical Center Hospital, Fresenius Dialysis, and Texas Oncology, this property is in a high-traffic, prime location that offers excellent visibility and accessibility. The space is ideal for a variety of commercial uses, including medical, retail, office, or industrial. With a prime position on Business 20, a major thoroughfare with heavy commercial vehicle traffic, businesses will benefit from high exposure to both local and regional traffic. Plus, the space is just 12 miles from Midland International Air & Spaceport, offering convenient access to transportation and logistics. This large, flexible space offers endless possibilities for businesses looking to expand or relocate in a highly sought-after area. Don’t miss this opportunity to secure a prime location with outstanding visibility and access in Odessa, TX. The lease terms are highly flexible and rent abatements are available. Contact for more details

  • Lease rate does not include utilities, property expenses or building services
  • Space In Need of Renovation
  • Open-Plan
  • Heavy Commercial Traffic
  • Ample Parking Spaces
  • Fits 13 - 88 People
  • 2 Drive Ins
  • Downtown
  • High Visibility
  • Flexible Terms and Two Months Free Rent
Space Size Term Rental Rate Space Use Condition Available
1st Floor 5,000-11,000 SF Negotiable $18.00 /SF/YR $1.50 /SF/MO $198,000 /YR $16,500 /MO Office/Retail Shell Space 30 Days

1st Floor

Size
5,000-11,000 SF
Term
Negotiable
Rental Rate
$18.00 /SF/YR $1.50 /SF/MO $198,000 /YR $16,500 /MO
Space Use
Office/Retail
Condition
Shell Space
Available
30 Days

1st Floor

Size 5,000-11,000 SF
Term Negotiable
Rental Rate $18.00 /SF/YR
Space Use Office/Retail
Condition Shell Space
Available 30 Days

Take advantage of this 11,000-square-foot commercial space with a flexible open floor plan built to suit any business needs. Located directly across from Medical Center Hospital, Fresenius Dialysis, and Texas Oncology, this property is in a high-traffic, prime location that offers excellent visibility and accessibility. The space is ideal for a variety of commercial uses, including medical, retail, office, or industrial. With a prime position on Business 20, a major thoroughfare with heavy commercial vehicle traffic, businesses will benefit from high exposure to both local and regional traffic. Plus, the space is just 12 miles from Midland International Air & Spaceport, offering convenient access to transportation and logistics. This large, flexible space offers endless possibilities for businesses looking to expand or relocate in a highly sought-after area. Don’t miss this opportunity to secure a prime location with outstanding visibility and access in Odessa, TX. The lease terms are highly flexible and rent abatements are available. Contact for more details

  • Lease rate does not include utilities, property expenses or building services
  • Fits 13 - 88 People
  • Space In Need of Renovation
  • 2 Drive Ins
  • Open-Plan
  • Downtown
  • Heavy Commercial Traffic
  • High Visibility
  • Ample Parking Spaces
  • Flexible Terms and Two Months Free Rent

Property Overview

The Delaware Building, located at 407 W 2nd Street in Odessa, Texas, presents a premier leasing opportunity for businesses seeking a versatile and strategically positioned space. This freestanding commercial property spans 11,000 square feet and is ideal for medical, retail, office, professional services, and showroom users. Featuring a minimalist design with a distinctive angular stucco exterior, the building offers an open floor plan on both levels, complemented by high ceilings on the first floor. With a new roof and recent stucco enhancements, the property is in excellent condition. Eighteen dedicated parking spaces provide convenience for clients and staff. Notably, this build-to-suit opportunity comes with flexible lease terms, including potential rent abatements, streamlining the move-in process, and allowing tenants to customize the space to their specific needs. Strategically situated directly across from Medical Center Hospital, Fresenius Dialysis, and Texas Oncology, the Delaware Building offers unparalleled visibility in a high-traffic area at the geographic center of Odessa. Proximity to major professional destinations such as the Municipal Plaza, which houses the Odessa Municipal Court, Odessa Utilities Department, and City of Odessa Community Development, further enhances its appeal. Additionally, dining and shopping establishments on Grant Avenue are just steps away, enhancing traffic and providing ample amenities for employees and visitors. Direct exposure to Business Loop 20 maximizes visibility from passing drivers, streamlines commutes, and quickens travel to major hubs like Midland International Air and Space Port. The Delaware Building combines modern design, flexible customization options, and a prime location, making it an exceptional choice for businesses aiming to establish or expand their presence in Odessa's dynamic commercial landscape.

Warehouse FACILITY FACTS

Building Size
11,000 SF
Lot Size
0.28 AC
Year Built/Renovated
1958/2021
Construction
Masonry
Sprinkler System
Dry
Zoning
commercial

Marketing Brochure

DEMOGRAPHICS

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
El Paso
682,669
281
4 h 38 m
Fort Worth
895,008
321
5 h 37 m
San Antonio
1,532,233
335
5 h 49 m
Austin
964,254
352
6 h 40 m
Dallas
1,345,047
362
6 h 26 m
Houston
2,325,502
545
9 h 35 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
163,466
Total Labor Force
82,658
Unemployment Rate
3.36%
Median Household Income
$59,768
Warehouse Employees
12,994
High School Education Or Higher
78.90%

Nearby Amenities

Restaurants

Starbucks Cafe $ 10 min walk
Dee's Bistro Bistro $$ 13 min walk

Retail

CrossFit Fitness 8 min walk
United States Postal Service Business/Copy/Postal Services 9 min walk
H-e-b Supermarket 10 min walk
Stripes Convenience Stores Convenience Market 11 min walk

Hotels

Marriott
215 rooms
2 min drive
Holiday Inn Express
107 rooms
4 min drive
SureStay Plus
110 rooms
3 min drive
Ramada
139 rooms
7 min drive
La Quinta Inns & Suites
122 rooms
8 min drive
Hawthorn Suites by Wyndham
112 rooms
7 min drive

Leasing Agent

Leasing Agent

(432) 413-1603
Contact
Ben Quiroz, President/ Owner
(432) 413-1603
Contact
Dr. Benjamin Casey Quiroz was born and raised in Odessa, TX. He received his undergraduate degree in Biology at the University of Texas at San Antonio and received his Doctorate of Chiropractic in Dallas, TX. He currently operates chiropractic clinics in Texas and New Mexico along with a staffing agency and several commercial development projects. He also has sat on the Ector County Hospital District board of directors representing District 7, where he chairs the long-range planning committee. Dr. Quiroz is motivated to be a leader in our community and in his profession by taking on organizational challenges and leadership roles as the chairman of the Odessa Hispanic Chamber of Commerce and is also on the grievance committee.

Dr. Ben Casey Quiroz has learned a tremendous amount about the medical system, having served the last four years on the MCH Board representing District 7. He is in the health business as a professional and has a successful business perspective and innovative ideas which have greatly impacted the decisions the MCHD Board has made for the 17 counties it serves. He is continuously researching to find ways to improve patient care, maintain and acquire state-of-the-art technology and information systems, and promote MCH and other medical facilities in the region by improving the quality of medical services for these communities. What impresses me most about Dr. Quiroz’s approach in our conversations is the consternation with which he addresses his decisions relating to the Hospital Board. He weighs them carefully, knowing they impact patients, their families, and their livelihoods.
  • Listing ID: 31601147

  • Date on Market: 4/24/2024

  • Last Updated:

  • Address: 407 W 2nd St, Odessa, TX 79761

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