Richard Mireles - Commercial Real Estate Showcase

Richard Mireles Property Listings
Richard Mireles
8310-2 N. Capital of Texas Hwy
Austin, TX 78731
(512) 338-7864

4031 E 42nd Street - MCM Plaza - 42nd Street Retail

Odessa, TX 79762

Property Type:Retail Sub Type:Freestanding Status:Existing , Renov 2006 Year Built:1991
Building Size:15,101 SF Land Area:1.61 AC (70,180 SF)
For Sale Price:$2,700,000 Price/SF:$178.80
Cap Rate:7.34 %
Parking:40 Surface spaces are available; Ratio of 10/1,000 SF
Features:Pylon Sign

More than enough parking for any busy retail, this building includes a pad site which is currently being paved for extended parking. Tenants include a sports bar/ restaurant and a financing company.

Sale Notes:
Fast Eddie' s Retail Center is a 15,101-square-foot, multi-tenant retail center prominently located at on East 42nd Street (~38,000 vehicles per day), which serves as the main retail corridor, in Odessa, Texas. The subject property has excellent visibility with pylon signage and over 370 feet of frontage on East 42nd Street, which is part of State Highway 191. The highway connects the northeast side of Odessa to the western edge of Midland for local traffic and serves as an alternate route for Interstate 20 between the cities. Fast Eddie' s Retail Center is surrounded by major retailers, such as, the Music City Mall, H-E-B, Target, Walmart, Sam' s Club, Market Street and Lowe' s.

Richard Mireles
Richard Mireles
(512) 338-7864

Marcus & Millichap
Mike Buckner
(512) 338-7828

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