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    8011 Tx 191 Odessa, TX

    For Sale
    $2,634,920

    New construction retail property with corporate net lease in Odessa.

    Property size:
    2,200 SF
    Lot size:
    0.86 Acres

    Property Features for 8011 Tx 191

    General Information

    Size
    2,200 SF
    Lot size
    0.86 Acres

    Source: Secure Net Lease - Dallas Agent Bob Moorhead

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Construction Retail Property

    This is a newly constructed property built in 2024, featuring a building with over 2,200 square feet situated on a site of approximately 0.90 acres. It is under a new 10-year corporate net lease that includes 10% rental increases every 5 years. The property is located near the Midland International Air & Space Port, which sees over 1.3 million passengers annually. A new 100,000 square foot Bass Pro Shop is scheduled to open in Spring 2025 directly across TX-191, serving as a major traffic driver. The property is suitable for coffee shops, restaurants, retail, NNN, and specialty purposes. Located in Odessa, which is ranked as the 3rd fastest-growing small city in the U.S. by Forbes, with a population of 113,353+, the Midland-Odessa Metropolitan Statistical Area is the 7th fastest-growing metro area in the U.S.
    Location Intelligence

    Current Use by Public Records

    Coffee shops

    Similar Places Nearby

    Boba Cup / Fried Rice Express, 7 Brew Coffee, Aguas Locas - La Michoacana Odessa, Peaches & Beaches Espresso

    Map

    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.3665236
    Latitude
    31.8463268

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    FAQs

    What type of property is this?
    Coffee shop - New construction retail property with corporate net lease in Odessa.
    Where is this coffee shop located?
    The property is located at 8011 Tx 191 Odessa, TX.
    What is the asking price?
    The asking price for this property is $2,634,920.
    What are key features of this property?
    This property features: - New 10-Year Corporate Net Lease with 10% Rental Increases Every 5 Years; - Major Traffic Driver: New 100,000 SF Bass Pro Shop is Scheduled to Open Spring 2025 Directly Across TX-191; - Starbucks (S&P BBB+) is Largest Specialty Coffee Retailer in the World
    (214) 522-7200
    Request Owner's contact information
    8011 Tx 191 Odessa, TX
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    Odessa, TX
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8011 Tx 191 Odessa, TX
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