2701 Andrews Highway
 Odessa, TX 						
						
						
						
						
															
									Price: 
									
									$2,437,500								
								
								 
									
										Cap Rate: 
										
										4.80%									
									
																						
								NOI: 
								
									$117,000								
							
															
									Building Size: 
									
									Approx. 2,824 Sq. Ft.								
								
																						
									Lot Size: 
									
									Approx. 0.6 Acres								
								
																													
									Type: 
									
																		Single-Tenant / Retail								
								
																						
									Sub Category: 
									
									Convenience / Gas								
								
																						
								
									Year Built: 								
									
									2022								
								
													 
													
												
							Investment Overview
							
- 2022 Construction. 2,824+/- SF Building on 0.60+/- Acre Site
- Brand New 20 Year Corporate Absolute NNN Ground Lease w/ (4) 5 Year Options to Renew
- Hard Corner Location at the Signalized Intersection of Hwy 385 and University Blvd (45K Combined VPD)
- Directly Across from Odessa College (7K Students) and Adjacent to Several National Retailers Including Chick-fil-A
- Murphy USA (NYSE: MUSA) is a Leading Retailer of Gasoline and Convenience Merchandise
- Strong Income Demographics w/ an est. $83,000 Within a 5 Mile Radius
- Odessa  |  Located in the Permian Basin  |  Population: 122,500+