8011 E Highway 191
Odessa,Texas
Price:
$2,766,666
Cap Rate:
6.00%
NOI:
$166,000
Building Size:
Approx. 2,200 Sq. Ft.
Lot Size:
Approx. 0.9 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2024
Investment Overview
- 2024 Construction. 2,200+/- SF Building on 0.90+/- Acre Site
- New 10-Year Corporate Net Lease with 10% Rental Increases Every 5 Years
- Major Traffic Driver: New 100,000 SF Bass Pro Shop is Scheduled to Open Spring 2025 Directly Across TX-191
- Positioned Near Midland International Air & Space Port (1.3M+ Passengers Annually)
- The Midland-Odessa Metropolitan Statistical Area is the 7th Fastest-Growing Metro Area in the U.S.
- Starbucks (S&P BBB+) is Largest Specialty Coffee Retailer in the World
- Odessa | Ranked 3rd Fastest-Growing Small City in the U.S. by Forbes | Population: 113,353+