Freestanding Retail Building with
New
For Lease
$7,500/Mo
515 W 42nd St, Odessa, TX 79764
Renovated standalone retail facility with upgraded building systems, refreshed interiors, and functional rear storage space.
Space Size4,620 SF
Lot Size0.47 Acres
Days on Market1
Property Features for 515 W 42nd St
General Information
Standard status
Active
Size
4,620 SF
Lot size
0.47 Acres
Property subtype
Retail - Street Retail
Occupancy
100%
Additional Details
Road Access
Yes
Amenities
warehouse with two bay doors
enclosed climate-controlled storage room
Building Details
Building Size
4,620 SF
Year Built
1958
Year Renovated
2025
Tenancy
Single
Spaces For Lease
at 515 W 42nd St Contact us- Size
- 4,620 SF
- Type
- Retail
- Lease Type
- Full Service
- Availability
- Immediate
- Sublease
- No
- Renewal Option
- Yes
515 West 42nd Street
Listing Agency:
Moriah Brokerage Services
Listed By:
Jack Oduro
(512) 977-8596
Source:
Commercialcafe
Added: Sep 7
Last Checked: Sep 7 at 2:55PM
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 Moriah Brokerage Services
Investment Insights
Based on property information with market context.
This freestanding retail building provides approximately 4,620 SF on a 0.47-acre site along W 42nd Street in Odessa. The recently renovated property includes updated HVAC systems, improved lighting and electrical infrastructure, refreshed interior finishes, and a resurfaced parking lot. A rear warehouse adds practical support space with two bay doors and an enclosed, climate-controlled storage room.
The property offers approximately 60 feet of frontage along 42nd Street, providing a visible standalone presence within Odessa. Its combination of retail space, warehouse functionality, and upgraded building components supports a range of commercial operations requiring customer-facing areas and dedicated back-of-house storage.
The property offers approximately 60 feet of frontage along 42nd Street, providing a visible standalone presence within Odessa. Its combination of retail space, warehouse functionality, and upgraded building components supports a range of commercial operations requiring customer-facing areas and dedicated back-of-house storage.
Key Highlights
- Approximately 4,620 SF freestanding retail building
- 0.47‑acre site with approximately 60 feet of frontage on 42nd Street
- Recently renovated with new HVAC systems and upgraded lighting and electrical infrastructure
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
403
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79764, TX
26,271
Population
10,326
Households
2.5
Avg Household Size
33
Median Age
20%
College-Educated
74%
High-School Grad
54.5 sq mi
ZIP Area
482
Density / Sq Mi
$68,367
Median Household Income
$52,054
Median Earnings
$944
Median Rent
$150,400
Median Home Value
Market
Lease Benchmarks for Odessa, TX
$25.08 /SF/Yr
Avg Asking Price
$20.31–$30 /SF/Yr
Price Range
2,153 SF
Avg Space Size
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Renovated standalone retail facility with upgraded building systems, refreshed interiors, and functional rear storage space.
Where is this storefront property located?
The property is located at 515 W 42nd St Odessa, TX.
What is the lease rate?
The lease rate is $7,500/Mo.
What are key features of this property?
This property features: Approximately 4,620 SF freestanding retail building; 0.47‑acre site with approximately 60 feet of frontage on 42nd Street; Recently renovated with new HVAC systems and upgraded lighting and electrical infrastructure
