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    1923 E 87 Senita Ct Odessa, TX

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    For Sale
    $2,428,575

    New development Starbucks with almost 10 years remaining on lease.

    Property size:
    2,134 SF
    Lot size:
    1.10 Acres

    Property Features for 1923 E 87 Senita Ct

    General Information

    Size
    2,134 SF
    Lot size
    1.10 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 Development Starbucks For Sale

    This property features a new development Starbucks with rent commenced in June 2024, leaving almost 10 years of the term remaining. The lease is a NN type, requiring minimal landlord responsibilities. It includes a 10% rental increase every 5 years throughout the primary term and options. The site spans over 1 acre and is located in front of a large residential neighborhood, providing a strong customer base for the store. The area is affluent, with average household incomes within 1 mile exceeding $120,000. The property is positioned near the intersection of NE Loop 338 and 87th Street, with combined daily traffic counts near 30,000 vehicles. The property size is 2134 square feet.
    Location Intelligence

    Current Use by Public Records

    Coffee shops

    Similar Places Nearby

    Medical Center Hospital Cafe, Flores Cafe, Scooter's Coffee, Starbucks, Rinconcito De Ana

    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 development Starbucks with almost 10 years remaining on lease.
    Where is this coffee shop located?
    The property is located at 1923 E 87 Senita Ct Odessa, TX.
    What is the asking price?
    The asking price for this property is $2,428,575.
    What are key features of this property?
    This property features: - Almost 10-year Starbucks lease commenced June 2024.; - NN Lease requiring minimal landlord responsibilities.; - 10% rental increase every 5 years throughout the primary term and options.
    (817) 304-8916
    Request Owner's contact information
    1923 E 87 Senita Ct 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
    1923 E 87 Senita Ct Odessa, TX
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