Sherwood Village

601-625 E 42nd St, Odessa, TX 79762

  • For Sale Market to Determine
  • Property Type Retail
  • Property Size 82,264 SF
  • Lot Size 6.5 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1965
  • Year Renovated 2020
  • Date Updated Apr 7, 2025
`Sherwood Village is a 82,264 square-foot community shopping center in Odessa, Texas, the epicenter of the United States shale revolution. The subject property is advantageously located at the signalized intersection of East 42nd Street and Dixie Boulevard, a high-traffic corridor with exposure to over 41,000 cars per day. Sherwood Village is 96% leased and anchored by Family Dollar and O’Reilly Auto Parts, along with a diverse collection of e-commerce-resistant and complementary tenants, promoting ample cross-shopping opportunities.
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Highlights

  • Further, the center offers an attractive consumer appeal based on a significant redevelopment completed in 2020
  • The major overhaul of the center included roof overlay (with 20-year labor and materials warranty), new plumbing, pylons signs and lighting, major parking lot repairs, and an additional 17,000 square feet of space to satisfy the market’s demand
  • The subject property benefits from its location within the Permian Basin, one of the world’s strongest oil fields, producing 47% of the oil and 17% of the natural gas consumed in the United States

Contacts

broker

CP Partners

Location

Getting Around

  • Walk Score ®

    61/100 Somewhat Walkable
  • Bike Score ®

    45/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Odessa, TX
  • Neighborhood Odessa
  • Zip Code 79762
  • Market Midland Odessa

Points of Interest

  • Phillips 66

    0.55 miles

  • Chevron

    0.59 miles

  • Texaco

    0.62 miles

  • H-E-B Fuel

    1.47 miles

  • Alon

    2.17 miles

  • Stripes

    2.57 miles

  • 7-Eleven

    2.63 miles

  • Pilot

    2.80 miles

  • Mesa Parking

    2.65 miles

  • Volcano Korean BBQ & Sushi

    0.02 miles

  • Volcano Korean BBQ

    0.02 miles

  • Little Caesars

    0.03 miles

  • The Crab Station & Oyster Bar

    0.06 miles

  • Honey Donuts

    0.08 miles

  • Smoothie King

    0.09 miles

  • Golden Chick

    0.09 miles

  • Big Daddy's Grill & Bar

    0.20 miles

  • Subway

    0.55 miles

  • Curb Side Bistro

    0.57 miles

  • Sherwood Village Center

    0.01 miles

  • Lowe's Market

    0.17 miles

  • Sherwood Shopping Center

    0.20 miles

  • Sherwood Medical Center

    0.27 miles

  • Crestwood Shopping Center

    0.43 miles

  • North Plaza

    0.74 miles

  • North Park Plaza

    1.24 miles

  • Crossroads Center

    1.39 miles

  • H-E-B

    1.52 miles

  • Ross

    1.65 miles

Frequently Asked Questions

How much does Sherwood Village cost?

The sale price for Sherwood Village is available upon request. Contact the listing broker for more information.

What is the total square footage of Sherwood Village?

Sherwood Village totals 82,264 square feet.

When was this property built?

Sherwood Village was built in 1965.

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Contact Listing Broker
broker

CP Partners

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