7 Brew Odessa, TX

3838 Andrews Highway
Odessa, TX

Price: $1,750,000
Cap Rate: 6.00%
NOI: $150,000
Building Size: Approx. 510 Sq. Ft.
Lot Size: Approx. 0.55 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2022

Investment Overview

  • 2023 Construction. 510+/- SF Building on 0.55+/- Acre Site
  • Brand New 15-Year Absolute NNN Ground Lease w/ 10% Rental Increases Every 5 Years & (4) 5-Year Options to Renew
  • Located on the Major Intersection of Andrews Highway (23,800+ VPD) and E 42nd Street (32,600+ VPD)
  • Catty-Corner to the Ector County Coliseum, the Primary Event Space for Sporting Events, Concerts, Fairs, and Rodeos in Odessa
  • 3 Miles from University of Texas Permian Basin (7,628 Students) & 1.5 miles from Permian Basin High School (3,621 Students)
  • 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: 338,085+