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The Market Place 4555 E University Blvd
874 - 2,609 SF of Retail Space Available in Odessa, TX 79762
Highlights
- Prime Intersection: Strategically situated at one of Odessa’s busiest intersections, ensuring a steady flow of potential customers.
- Robust Foot Traffic: The center attracts significant foot traffic with 217,000 annual customers and 288,000 annual visits.
- Excellent Accessibility: With five points of ingress/egress and over 1,100 feet of road frontage, Market Place provides easy access for shoppers.
- Diverse Tenant Mix: The center hosts a variety of tenants including Edible Arrangements, Steins Ultra, Loan Depot, Agave Bar, and Lombardi’s.
- Demographics: The True Trade Area, which captures 70% of visits, boasts a median household income of $67,300, a median age of 30.7 years.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste B11 | 874 SF | 3-5 Years | $27.45 /SF/YR $2.29 /SF/MO $295.47 /m²/YR $24.62 /m²/MO $1,999 /MO $23,991 /YR | Modified Gross | ||
| 1st Floor, Ste E1 | 1,735 SF | 3-5 Years | $17.00 /SF/YR $1.42 /SF/MO $182.99 /m²/YR $15.25 /m²/MO $2,458 /MO $29,495 /YR | Triple Net (NNN) |
4555 E University Blvd - 1st Floor - Ste B11
This space is in excellent condition and is set-up as a fully functioning salon. This beautifully taken care of space faces the courtyard and is move-in ready.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Specialty Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- End cap space with only one shared wall
4555 E University Blvd - 1st Floor - Ste E1
Suite E1, an endcap space previously used as a dance studio, is now available for lease at $13.50 NNN. This 1,735 sqft space requires renovations but offers a prime location with excellent visibility. For leasing inquiries, please contact Jill Pulido at (805) 496-8038 or or email jill@kaufmanprop.com.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Specialty Space
- Highly Desirable End Cap Space
- Space In Need of Renovation
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 The Market Place
- Tenant
- Description
- US Locations
- Reach
- Allora Hair and Nail Salon
- Salon/Barber/Spa
- 1
- Local
- Edible Arrangements
- Other Retail
- 1,178
- International
- Flair Taverna
- Restaurant
- 1
- -
- Taboo Restaurant
- Retailer
- -
- -
- The Hair Academy
- Services
- 1
- -
| Tenant | Description | US Locations | Reach |
| Allora Hair and Nail Salon | Salon/Barber/Spa | 1 | Local |
| Edible Arrangements | Other Retail | 1,178 | International |
| Flair Taverna | Restaurant | 1 | - |
| Taboo Restaurant | Retailer | - | - |
| The Hair Academy | Services | 1 | - |
PROPERTY FACTS FOR 4555 E University Blvd , Odessa, TX 79762
| Center Type | Neighborhood Center | Frontage | |
| Parking | 250 Spaces | Gross Leasable Area | 75,456 SF |
| Stores | 30 | Total Land Area | 24.37 AC |
| Center Properties | 4 | Year Built | 1978 |
| 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
Market Place Center is a premier retail destination located at the intersection of East University Blvd and JBS Hwy, offering exceptional visibility and accessibility with a combined vehicle count of 44,900 per day. This vibrant center is anchored by a diverse mix of service-based businesses, making it a convenient and popular spot for both shopping and leisure. Market Place Center offers various leasing opportunities with spaces available ranging from 874 to 2,973 square feet. These spaces are ideal for retail, dining, and service-oriented businesses looking to join a thriving commercial hub. Leasing Contact: For leasing inquiries or to schedule a tour, please contact: Jill Pulido - Tenant Relations VP Office: (805) 496-8038 Mobile: (818) 470-6277 Email: jill@kaufmanprop.com Experience the benefits of establishing your business at Market Place Center, a vibrant commercial destination in the heart of Odessa. Contact us today to learn more about the available leasing opportunities!
- 24 Hour Access
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
-
Mark Kaufman -
Jill Pulido -
Kaufman Properties
Presented by
The Market Place | 4555 E University Blvd
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