New Drive-Thru Investment
4001 N Grandview Ave Odessa, TX
For Sale
Contact for pricing
New construction NNN ground lease near major retailers and schools.
Property Size510 SF
Lot Size0.46 Acres
Price / SF$3,219
Days on Market817
Property Features for 4001 N Grandview Ave
General Information
- Standard status
- Active
- Size
- 510 SF
- Lot size
- 0.46 Acres
- Property subtype
- RETAIL
Listing Agency:
Secure Net Lease - Dallas
(469) 694-4189
Listed By:
Kyle Varni · License #707940
(469) 694-4189
Source:
Moodyscre
Added: Apr 29, 2024
Changed: Jul 6
Last Checked: Jul 21 at 4:02AM
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 newly constructed property, completed in 2023, features a 510 square foot building situated on a 0.51 acre site. The property is operating as a high-performing drive-thru coffee shop with an absolute NNN ground lease that includes 10% rental increases every 5 years. The location benefits from its proximity to the intersection of 42nd Street and Grandview Avenue, which sees a combined daily traffic volume of over 72,000 vehicles. It is also within walking distance of Permian High School, with an enrollment of 3,621 students, and The University of Texas Permian Basin, with 7,628 students. The property is positioned near national retailers, including Target, H-E-B, Chipotle, Chick-Fil-A, Walgreens, and PetSmart. The business model centers solely on drive-thru service and sees over $2.4M in annual revenue. The property is located in Odessa, which is part of the Midland-Odessa MSA, with a population of 388,085.
Key Highlights
- High Performing Absolute NNN Ground Lease with 10% Rental Increases Every 5 Years
- Located Near High‑Traffic Intersection: 72,000+ Combined VPD
- New 2023 Construction
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
7 Brew Coffee
Cafe & Coffee Shop
Similar Off Market Nearby
- Starbucks — 2016 E 42nd St, Odessa, TX 79762
- Coffee Energy Services — 3715 Boulder Ave, Odessa, TX 79762
- 7 Brew Coffee — 4001 N Grandview Ave, Odessa, TX 79762
- Cafe de Luna — 3952 E 42nd St ste S, Odessa, TX 79762
- Bahama Buck's - Odessa (N Grandview Avenue) — 4230 N Grandview Ave, Odessa, TX 79762
FAQs
What type of property is this?
Coffee shop - New construction NNN ground lease near major retailers and schools.
Where is this coffee shop located?
The property is located at 4001 N Grandview Ave Odessa, TX.
What is the asking price?
The asking price for this property is $1,642,000.
What are key features of this property?
This property features: High Performing Absolute NNN Ground Lease with 10% Rental Increases Every 5 Years; Located Near **High‑Traffic Intersection: 72,000+ Combined VPD**; New 2023 Construction
