Parks Legado Town Center
7260 TX-191, Odessa, TX, 79765, US
4,568 m²
Description
JLL is pleased to present The Commons at North Park ("The Property") a 110,137-neighborhood retail center in Midland, Texas. The Property is currently 100% to a diverse range of tenants featuring an approximately 19% mark-to-market opportunity and 3.7 years of weighted average lease term
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Attributes
Building area gross
10,232 m²
Occupancy
100%
Land area gross
4.35 ha
Year Built (Phase I)
2012
Year Built (Phase II)
2014
Media
Investment Highlights
- 100% Occupied with impressive 9.3 Year Average Tenure; 17 of 26 tenants are original to the development
- Significant upside via 19% below market rents
- 4.81% 10-YR CAGR
- Excellent visibility with frontage along Loop 250 seeing 58,152 VPD
- Ability to lower basis via sell down of single and multi-tenant pad buildings
Contact brokers
Commons at North Park (0 Properties)
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Last updated
3 Sep 2025
