4001 North Grandview Avenue
Odessa, TX
Price:
$1,642,000
Cap Rate:
6.00%
NOI:
$98,500
Building Size:
Approx. 510 Sq. Ft.
Lot Size:
Approx. 0.51 Acres
Type:
Single-Tenant / Retail
Sub Category:
Casual Dining
Year Built:
2023
Investment Overview
- 2023 Construction. 510+/- SF Building on 0.51+/- Acre Site
- High Performing Site – Brand New Absolute NNN Ground Lease w/ 10% Rental Increases every 5 Years
- Located Near Major Intersection of 42nd Street and Grandview Ave (72,000+ Combined VPD)
- Within Walking Distance from Permian High School (3,621 Students) and The University of Texas Permian Basin (7,628 Students)
- Positioned Near National Retailers Including Target, H-E-B, Chipotle, Chick-Fil-A, Walgreens, PetSmart, & Many More
- Unlike Most Coffee Chains, 7 Brew’s Unique Business Model Centers Solely on Drive-Thru Business and sees over $2.4M in Annual Revenue
- Odessa | Part of the Midland-Odessa MSA | Population: 388,085+