5201 E 42nd St
Odessa, TX 79762
Stripes Convenience Store · Retail Property For Sale

This Stripes property is located at 5201 East 42nd Street in Odessa, Texas. Odessa is the county seat of Ector County, although a small portion of the city extends into midland County. The Odessa Development Corporation provides Job Creation grants, Capital Investment grants and other incentives for businesses seeking to expand in Odessa. Surrounding Retail and Points of Interest The subject property is well-positioned in a dense retail corridor, benefiting from its proximity to major national and local retailers. Major national retailers in the area include: Home Depot, Walmart, JCPenney, Sam’s Club, Lowe’s, Target, Best Buy, Staples, Dillard’s, Office Depot, CVS Pharmacy, Bealls, Chili’s, Taco Bell, Chick-fil-A, Chipotle, Texas Roadhouse, and Buffalo Wild Wings among many others. The University of Texas’ Permian Basin Campus, with annual enrollment of over 4,063 students, is located within one mile of this Stripes property. UTPB STEM Academy, Nimitz Middle School, and Blanton Elementary School are within two miles of the subject property, with combined annual enrollment exceeding 1,900 students. Odessa Regional Medical Center, a 225 bed general medical and surgical hospital, is within six miles of this Stripes property. Traffic Counts and Demographics The Stripes property has approximately 49,956 individuals residing within a three-mile radius of the property and over 99,320 people within a five-mile radius This Stripes property is located directly on East 42nd Street, which has traffic counts in excess of 36,610 vehicles per day. Also near this Stripes Property is NorthEast Loop 338 Naval Base, which has average daily traffic counts of 17,150 vehicles. Odessa, Texas Odessa’s economy has been primarily driven by the area’s oil industry. Many of the city’s largest employers are oilfield supply companies and petrochemical processing companies. Recently, the city’s logistics industry has grown alongside its major road and railroad links through West Texas. The city has become home to major retail distribution centers for Family Dollar and Coca-Cola. Odessa has also taken steps to diversify the energy it produces. A new wind farm has been constructed in northern Ector County. Plans are in place for a nuclear power plant to be run in conjunction with the nuclear engineering department at University of Texas of the Permian Basin. The city’s largest mall, Music City Mall, has been the subject of development and investment, establishing a growing retail presence in the city.