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3838 Andrews Hwy, Odessa, TX

New construction drive-thru coffee shop with long-term NNN lease.

Property Size510 SF
Lot Size0.53 Acres
Price / SF$3,431
Days on Market489

Property Features for 3838 Andrews Hwy

General Information

Standard status Active
Size 510 SF
Lot size 0.53 Acres
Property subtype RETAIL
Listing Agency: Secure Net Lease - Dallas
Listed By: Kyle Varni · License #707940
Source: Moodyscre
Added: May 7, 2025 Changed: Aug 8 Last Checked: Sep 7 at 6:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Secure Net Lease - Dallas

Investment Insights

Based on property information with market context.

This property, constructed in 2023, features a 510-square-foot building on a 0.55-acre site. It is subject to a brand new 15-year absolute NNN ground lease that includes 10% rental increases every 5 years and four 5-year options to renew. The property is located at the major intersection of Andrews Highway, which sees over 23,800 vehicles per day, and E 42nd Street, which sees over 32,600 vehicles per day. It is catty-corner to the Ector County Coliseum, the primary event space for sporting events, concerts, fairs, and rodeos in Odessa. The property is also located 3 miles from the University of Texas Permian Basin, which has 7,628 students, and 1.5 miles from Permian Basin High School, which has 3,621 students. The property is currently leased to 7 Brew, whose business model centers solely on drive-thru business and sees over $2.4M in annual revenue.

Key Highlights

  • 15‑year absolute NNN ground lease with 10% rental increases every 5 years and (4) 5‑year options to renew
  • Located on the major intersection of Andrews Highway (23,800+ VPD) and E 42nd Street (32,600+ VPD)
  • 2023 construction

Property Analytics

Current Use

Coliseum Food Plaza ... Grocery & Convenience Store Coinsource Bitcoin ATM Atm 7 Brew Coffee Cafe & Coffee Shop ATM (Coliseum Food ... Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Spa & Massage Center Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

352
Businesses Nearby
Balanced
Demand for This Use

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Aguas Locas - La Michoacana Odessa 2904 andrews hwy, odessa, tx 79762
  • Boba Cup / Fried Rice Express 3760 Andrews Hwy, Odessa, TX 79762
  • 7 Brew Coffee 3838 Andrews Hwy, Odessa, TX 79762
  • Peaches & Beaches Espresso 3826 andrews hwy, odessa, tx 79762

Frequently Asked Questions

What type of property is this?
Coffee shop - New construction drive-thru coffee shop with long-term NNN lease.
Where is this coffee shop located?
The property is located at 3838 Andrews Hwy Odessa, TX.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 15‑year absolute NNN ground lease with 10% rental increases every 5 years and (4) 5‑year options to renew; Located on the major intersection of Andrews Highway (23,800+ VPD) and E 42nd Street (32,600+ VPD); 2023 construction
(469) 694-4189 Call to check price and availability
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