601 E 42Nd St Odessa, TX 79762
For Lease
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This exceptional 100,000 square foot retail center, located in Odessa, Texas, presents a unique investment opportunity. Situated at the prominent corner of 42nd Street and N. Dixie Street in Ector County, this property boasts a prime location with high visibility and accessibility. Recently renovated in 2019, the center offers multiple tenancy options with three spaces currently available, ranging from 1,470 to 3,636 square feet. The property's strong tenant mix includes established businesses such as O'Reilly Auto Parts, Crab City, Presotea, Smoothie King, and Volcano Korean BBQ, ensuring a vibrant and thriving shopping environment. The center's modern design and convenient location attract a diverse customer base, making it an ideal investment for both established businesses and new ventures seeking a high-traffic location. The property's address is 601 E 42nd St, Odessa, TX 79762. This retail and office space offers a compelling opportunity to capitalize on the robust commercial activity in this thriving Texas city. The property's recent renovations ensure modern amenities and a well-maintained environment, attracting both tenants and customers. The diverse range of existing tenants creates a synergistic environment, further enhancing the overall appeal and value of the property.
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O'Reilly Auto Parts Auto Parts Store
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Volcano Korean BBQ & SUSHI (All You Can Eat) Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
ED1 · Odessa, TXCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.