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Leased Retail Outparcel For Sale
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5011 E 42nd St, Odessa, TX 79762

Fully leased retail outparcel with long-term tenants.

Property Size6,290 SF
Price / SF$794.91
Days on Market158

Property Features for 5011 E 42nd St

General Information

Standard status Active
Size 6,290 SF
Property subtype Retail
Occupancy 100%
Lease Type NNN
Net Operating Income $312,316

Building Details

Year Built 2016
Buildings 1
Tenancy Multi
Listing Agency: SHOP Companies Dallas
Listed By: Tim Axilrod · License #TX 617806
Source: Crexi
Added: Mar 20 Changed: Aug 12 Last Checked: Aug 22 at 9:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SHOP Companies Dallas

Investment Insights

Based on property information with market context.

This retail property, comprising 6,290 square feet, is 100% leased. The property is an outparcel to Walmart and Sam’s Club and is occupied by tenants including Starbucks, Jimmy John’s, and Stanton Optical. The average lease term expiration is May 2032.

Key Highlights

  • 100% Leased investment opportunity
  • Outparcel to Walmart & Sam’s Club, providing excellent exposure
  • Average Lease Term Expiration May 2032, ensuring long‑term stability

Property Analytics

Current Use

Stanton Optical Physician Jimmy John's Take-out & Catering Starbucks Cafe & Coffee Shop Dr. Whitney Diakur Physician myeyelab Eye Care Center

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Auto Repair Shop Electrical Service Big Box & Wholesale Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

712
Businesses Nearby

Demographics for 79762, TX

40,253
Population
17,259
Households
2.3
Avg Household Size
34
Median Age
22%
College-Educated
87%
High-School Grad
30.5 sq mi
ZIP Area
1,320
Density / Sq Mi
$74,560
Median Household Income
$45,151
Median Earnings
$1,338
Median Rent
$218,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Fully leased retail outparcel with long-term tenants.
Where is this retail space located?
The property is located at 5011 E 42nd St Odessa, TX.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 100% Leased investment opportunity; Outparcel to Walmart & Sam’s Club, providing excellent exposure; Average Lease Term Expiration May 2032, ensuring long‑term stability
More about this property
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