1347 W University Blvd Odessa, TX 79764

Building Details

Year Built

1985

Listing Agency Bang Realty j***@legacycrea.com Show Phone

Listed by Jay Dakhoo · License #701472

Source Legacycrea

Added: Mar 5 Checked: Jul 16 at 5:13 am

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Investment Insights

Based on property information with market context.

This single-tenant, freestanding McDonald's property is located in Odessa, TX, and features an absolute NNN lease structure, assigning zero landlord responsibilities. McDonald's holds a credit rating of 'BBB+' with S&P and 'Baa1' with Moody's. The location benefits from ultra-dense demographics, with over 14,500 residents within a 1-mile radius and more than 77,500 residents within a 3-mile radius. A projected population growth of +14.11% is expected within a 1-mile radius over the next five years. The property is strategically situated along W University Blvd, a major local thoroughfare experiencing over 21,800 vehicles daily. Daytime employees exceed 34,100 within a 3-mile radius. The site is a 25-minute commute to Midland International Airport.

Key Highlights

• Absolute NNN Lease Structure with Zero Landlord Responsibilities
• Single Tenant Free Standing McDonald's
• McDonald's Holds a Credit Rating of 'BBB+' with S&P and 'Baa1' with Moody's

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FAQs

What type of property is this?

Drive through restaurant - Freestanding McDonald's in Odessa, TX with NNN lease.

Where is this drive through restaurant located?

The property is located at 1347 W University Blvd Odessa, TX.

What is the asking price?

The asking price for this property is $9,510,280.

What are key features of this property?

This property features: Absolute NNN Lease Structure with Zero Landlord Responsibilities; Single Tenant Free Standing McDonald's; McDonald's Holds a Credit Rating of 'BBB+' with S&P and 'Baa1' with Moody's