Odessa Shopping Center For
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601-625 E 42nd St, Odessa, TX 79762
82,264 SF shopping center in Odessa, Texas, 98% leased.
Property Size82,264 SF
Days on Market171
Property Features for 601-625 E 42nd St
General Information
Standard status
Active
Size
82,264 SF
Property subtype
Retail
Building Details
Building Size
82,264 SF
Year Built
1965
Listing Agency:
Edge Realty Partners - Houston
(415) 274-7394
Listed By:
Joe Caccamo · License #CalDRE #01191110
Source:
Cppcre
Added: Mar 6
Changed: Aug 23
Last Checked: Aug 23 at 4:15AM
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 Edge Realty Partners - Houston
Investment Insights
Based on property information with market context.
Sherwood Village is a community shopping center with 82,264 square feet of space, located in Odessa, Texas. The property is situated at the signalized intersection of East 42nd Street and Dixie Boulevard, a high-traffic corridor with exposure to over 41,000 cars per day. The shopping center is 98% leased and anchored by Family Dollar and O’Reilly Auto Parts, along with a diverse collection of e-commerce-resistant and complementary tenants. A significant redevelopment was completed in 2020. The overhaul 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. The property is located within the Permian Basin, which produces 47% of the oil and 17% of the natural gas consumed in the United States.
Key Highlights
- 98% leased shopping center anchored by Family Dollar and O’Reilly Auto Parts
- Located at a high‑traffic intersection with over 41,000 cars per day
- Significant redevelopment completed in 2020, including a new roof with a 20‑year warranty
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
354
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Similar Off Market 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
Frequently Asked Questions
What type of property is this?
Shopping center - 82,264 SF shopping center in Odessa, Texas, 98% leased.
Where is this shopping center located?
The property is located at 601-625 E 42nd St Odessa, TX.
What are key features of this property?
This property features: 98% leased shopping center anchored by Family Dollar and O’Reilly Auto Parts; Located at a high‑traffic intersection with over 41,000 cars per day; Significant redevelopment completed in 2020, including a new roof with a 20‑year warranty
