601-625 E 42nd St, Odessa, TX

Listing agent Joe Caccamo License #01191110

Listing office CP Partners j***@cppcre.com Show Phone

Listing date Apr 18, 2025

Source Moodyscre

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Overview

This retail center benefits from a location within the Permian Basin, one of the world’s strongest oil fields, producing 47% of the oil and 17% of the natural gas consumed in the United States. The property offers an attractive consumer appeal based on a significant redevelopment completed in 2020. The major overhaul of the center included a roof overlay with a 20-year labor and materials warranty, new plumbing, pylon signs and lighting, major parking lot repairs, and an additional 17,000 square feet of space to satisfy the market’s demand. The property contains 82,264 square feet of space.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

• Sherwood Village Center — N Dixie Blvd, Odessa, TX 79762
• Sherwood — 1123 E 42nd St, Odessa, TX 79762
• One Energy Square — 3100 Andrews Hwy, Odessa, TX 79762

Location Insight

• Map
• Local Demand

City

Odessa

County

Ector

State

Texas

Longitude

-102.375

Latitude

31.8845

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FAQs

What type of property is this?

Shopping center - Retail center with significant redevelopment completed in 2020.

Where is this shopping center located?

The property is located at 601-625 E 42nd St Odessa, TX.

What is the asking price?

The asking price for this property is $17,500,000.

What are key features of this property?

This property features: Significant redevelopment completed in 2020, enhancing consumer appeal.; Located in the Permian Basin, a major oil and gas producing region.; Major overhaul included a new roof with a 20‑year warranty.