7 Brew | Ground Lease Odessa, TX

4001 North Grandview Avenue
Odessa, TX

Price: $1,713,043
Cap Rate: 5.75%
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+