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The Market Place 4555 E University Blvd 2,000 SF of Office/Retail Space Available in Odessa, TX 79762
Highlights
- Located at a High-Traffic Intersection With Nearly 44,900 Vehicles Passing Daily Along East University Blvd and JBS Parkway.
- Excellent Ingress, Egress, and Visibility With Prominent Signage Opportunities.
- Less Than 10 Miles From Midland International Airport, Supporting Travel and Logistics Needs.
- Anchored by a Strong Tenant Mix, Enhancing Consumer Draw and On-Site Synergies.
- Convenient Access to Major Roadways Including SH 191 and I-20 for Regional Connectivity.
- Surrounded by Popular Retailers and Restaurants, Creating a Vibrant Retail Trade Area.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste D5 | 2,000 SF | 3-5 Years | $19.74 CAD/SF/YR $1.65 CAD/SF/MO $39,489 CAD/YR $3,291 CAD/MO | Triple Net (NNN) |
4555 E University Blvd - 1st Floor - Ste D5
Great space available for lease. This space is located in the courtyard of the Marketplace Shopping Center and is easily accessible from the parking lot. This is a busy shopping center in a high traffic area. Schedule your tour today! Photos & Video to come!
- Lease rate does not include utilities, property expenses or building services
- 1 Conference Room
- Central Air Conditioning
- Natural Light
- Display Window
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.
Select Tenants at The Market Place
- Tenant
- Description
- US Locations
- Reach
- Allora Hair and Nail Salon
- Salon/Barber/Spa
- 1
- Local
- Dance Connection
- Educational Services
- 1
- -
- Flares Tavera
- Accommodation and Food Services
- 1
- -
- Point Forward, Inc.
- Professional, Scientific, and Technical Services
- 1
- Local
- Steins Ultra Bar
- Liquor
- 1
- Local
- The Hair Academy
- -
- 1
- -
| Tenant | Description | US Locations | Reach |
| Allora Hair and Nail Salon | Salon/Barber/Spa | 1 | Local |
| Dance Connection | Educational Services | 1 | - |
| Flares Tavera | Accommodation and Food Services | 1 | - |
| Point Forward, Inc. | Professional, Scientific, and Technical Services | 1 | Local |
| Steins Ultra Bar | Liquor | 1 | Local |
| The Hair Academy | - | 1 | - |
Property Facts
| Total Space Available | 2,000 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 75,456 SF |
| Parking | 250 Spaces | Total Land Area | 24.37 AC |
| Stores | 30 | Year Built | 1978 |
| Center Properties | 4 |
| Total Space Available | 2,000 SF |
| Center Type | Neighborhood Center |
| Parking | 250 Spaces |
| Stores | 30 |
| Center Properties | 4 |
| Frontage | |
| Gross Leasable Area | 75,456 SF |
| Total Land Area | 24.37 AC |
| Year Built | 1978 |
About the Property
The property located at 4555 East University Boulevard in Odessa, TX, occupies Lot 5 of Block 3 in the Fair Oaks Gardens subdivision. It encompasses approximately 6.09 acres and is zoned ED6 for commercial use. The site sits within Ector County along a major business corridor with close proximity to JBS Parkway and State Highway 191. Demographic growth in this submarket between 2025 and 2030 is projected to exceed 6%, with median household income levels above county averages. Nearby infrastructure includes Midland International Air and Space Port approximately 10 miles to the southwest.
- 24 Hour Access
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
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The Market Place | 4555 E University Blvd
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