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    1364 E 8Th St Odessa, TX 79761

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    For Sale
    $1,500,000

    New construction 7 Brew with a 15-year ground lease.

    Property size:
    510 SF
    Lot size:
    0.43 Acres

    Property Features for 1364 E 8Th St

    General Information

    Size
    510 SF
    Lot size
    0.43 Acres

    Source: Trinity Real Estate Investment Services - Corporate Agent Cody Crist

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

    Overview

    New 7 Brew Ground Lease

    This property features a newly constructed 7 Brew location in Odessa, TX. The property benefits from a 15-year ground lease with rental increases of 10% every 5 years. Situated as an outparcel to United Supermarkets and across from El Rancho Supermercado, the location offers high visibility on E 8th Street, with traffic volume exceeding 27,000 vehicles per day. The surrounding area has a substantial residential population, with over 108,578 residents within a 5-mile radius. The property is also located 3 miles from the University of Texas of the Permian Basin, which has a total enrollment of 7,500 students. The building was constructed in 2024 and has a size of 510 square feet. 7 Brew is one of the fastest growing coffee concepts with over 190 locations across the US.
    Insight Report Location Intelligence

    Current Use by Public Records

    7 Brew Coffee Coffee Shop ALON Gas Station

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Boomtown Babes Espresso, 7 Brew Coffee, N2U Nutrition, Starbucks, O'mega Brews

    Location Insight

    • Map
    • Local Demand
    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.356977
    Latitude
    31.857601

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    FAQs

    What type of property is this?
    Coffee shop - New construction 7 Brew with a 15-year ground lease.
    Where is this coffee shop located?
    The property is located at 1364 E 8Th St Odessa, TX.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - 15-year ground lease with 10% rental increase every 5 years; - New 2024 construction - **new development 7-Brew**; - Outparcel to United Supermarkets and situated across El Rancho Supermercado
    (817) 304-8916
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    1364 E 8Th St Odessa, TX 79761
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    Odessa, TX 79761
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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
    1364 E 8Th St Odessa, TX 79761
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