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Santa Fe Square 3950 E 42nd St 2,412 SF of Retail Space Available in Odessa, TX 79762
Highlights
- Located in a Dense Retail Trade Area Featuring Numerous Traffic Drivers such as Target, Ross Dress for Less, H-E-B Grocery
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste G | 2,412 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $60,300 /YR $5,025 /MO | Negotiable |
3952 E 42nd St - 1st Floor - Ste G
Property Description Santa Fe Square –Retail Space Available Units G The property is ideally located on E 42nd Street, one of Odessa’s main commercial corridors, with excellent visibility and easy access. Unit G: 2,412 SF (currently occupied) This flexible layout makes the space suitable for office, medical, professional services, or retail use.
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Prime location on 42nd Street
- High traffic area near Target, HEB, and Music City
- Spaces can be leased individually or combined
- Ample parking
- Strong tenant mix at Santa Fe Square
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Site Plan
Select Tenants at Santa Fe Square
- Tenant
- Description
- US Locations
- Reach
- Cheers To Paint
- Paint/Wallpaper
- 1
- -
- Excel Finance
- Finance Company
- 47
- National
- MES Family Corporation
- -
- 1
- -
- Palm
- Real Estate
- 1
- -
- Thomas Carroll Jewelers
- Jewelry/Watches
- 1
- -
- T-Mobile
- Wireless Communications
- 8,814
- International
| Tenant | Description | US Locations | Reach |
| Cheers To Paint | Paint/Wallpaper | 1 | - |
| Excel Finance | Finance Company | 47 | National |
| MES Family Corporation | - | 1 | - |
| Palm | Real Estate | 1 | - |
| Thomas Carroll Jewelers | Jewelry/Watches | 1 | - |
| T-Mobile | Wireless Communications | 8,814 | International |
Property Facts
| Total Space Available | 2,412 SF | Frontage | 300’ on 42nd St |
| Center Type | Neighborhood Center | Gross Leasable Area | 59,292 SF |
| Parking | 200 Spaces | Total Land Area | 3.67 AC |
| Stores | 11 | Year Built | 1974 |
| Center Properties | 1 |
| Total Space Available | 2,412 SF |
| Center Type | Neighborhood Center |
| Parking | 200 Spaces |
| Stores | 11 |
| Center Properties | 1 |
| Frontage | 300’ on 42nd St |
| Gross Leasable Area | 59,292 SF |
| Total Land Area | 3.67 AC |
| Year Built | 1974 |
About the Property
turn key retail space for lease E42nd st Santa Fe Square is located near the signalized intersection of East 42nd Street and Englewood Lane. traffic counts in front of the property exceed 57,000 vehicles per day. The subject property is near many national and regional retailers including H-E-B Grocery, dd's Discounts, Ross Dress for Less, Crunch Fitness, PetSmart, McAlister's Deli, Walmart Supercenter, The Home Depot, Tropical Smoothie Café, Raising Cane's, AutoZone Auto Parts, and many others. Santa Fe Square is also in close proximity to Music City Mall in Odessa, which features approximately 100 stores and is anchored by At Home, Burlington Coat Factory, Dillard's, JCPenney, and Urban Air. The University of Texas Permian Basin is also less than one mile from Santa Fe Square with a current enrollment of approximately 7,500 students. The University of Texas Permian Basin is known for being one of the most affordable universitie in Texas. The surrounding area benefits from strong demographics, serving a population of more than 120,665 residents with an average household income of $90,369 within a five-mile radius.
- Property Manager on Site
- Restaurant
- Tenant Controlled HVAC
Nearby Major Retailers
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Santa Fe Square | 3950 E 42nd St
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