Chipotle Mexican Grill Odessa, TX

8009 Texas 191
Odessa, TX

Price: $3,550,000
Cap Rate: 5.00%
NOI: $177,500
Building Size: Approx. 2,329 Sq. Ft.
Lot Size: Approx. 0.53 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2026

Investment Overview

  • 2026 Construction. 2,329+/- SF Building on 0.53+/- Acre Site
  • Brand-New 15-Year Absolute NNN Lease W/ 10% Rental Increases Every 5 Years
  • Prime Corner with Excellent Visibility & Access Along TX-191 (37,401+ VPD), just North of I-20 Business/2nd Street (32,522+ VPD)
  • Benefits from Proximity to I-20, a Key West-to-East Transportation Artery Serving Midland, Odessa, and the Permian Basin
  • 2 Mi. from University of Texas Permian Basin (~6k+ Students), 4 Mi. from Midland International Airport (700k+ Passengers/Yr), & More
  • Chipotle (NYSE: CMG) is a High-Credit, Publicly Traded Tenant – $11.3 B+ in Annual Revenue & 3,900+ Locations
  • Odessa | Anchors America’s Top Oil & Gas Producing Region | Population: 124,392+

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