Single-Tenant Gas
1700 S GRANT AVE, Odessa, TX 79761
For Sale
Contact for pricing
An absolute NNN lease runs through July 2042 and includes scheduled annual rent increases.
Property SizeContact for details
Days on Market36
Property Features for 1700 S GRANT AVE
General Information
Standard status
Property subtype
Site & Location
Traffic Count
Highway Access
Road Access
Tenancy & Operations
Currently Operating
Tenant in Place
In-Place Lease Type
Current Tenants
Real Estate Included
Building Details
Tenancy
Listing Agency:
Bang Realty
Listed By:
Brian Brockman · License #701472
(859) 581-1113
Source:
Crexi
Added: Oct 5
Changed: Nov 8
Last Checked: Nov 8 at 4:07PM
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 Bang Realty
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Investment Insights
Based on property information with market context.
This Odessa gas station is occupied by GPM Investments under an absolute triple-net lease, with the current term extending through July 2042. The lease provides for 2% annual rental increases during the primary term and includes six 5-year renewal options, with no landlord responsibilities under the stated lease structure.
The property fronts US Highway 385, which carries 20,000 vehicles per day, and is visible from Interstate 20, where traffic is 52,000 vehicles per day. Hotels and workforce housing are among the surrounding uses.
The property fronts US Highway 385, which carries 20,000 vehicles per day, and is visible from Interstate 20, where traffic is 52,000 vehicles per day. Hotels and workforce housing are among the surrounding uses.
Key Highlights
- Absolute triple‑net lease with no landlord responsibilities
- Lease term runs through July 2042
- 2% annual rental escalations during the primary term
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
20,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
546
Businesses Nearby
Explore this area
Business Placement
Demographics for 79761, TX
30,187
Population
13,591
Households
2.2
Avg Household Size
35
Median Age
14%
College-Educated
76%
High-School Grad
10.4 sq mi
ZIP Area
2,903
Density / Sq Mi
$69,279
Median Household Income
$42,724
Median Earnings
$1,246
Median Rent
$158,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Gas station - An absolute NNN lease runs through July 2042 and includes scheduled annual rent increases.
Where is this gas station located?
The property is located at 1700 S GRANT AVE Odessa, TX.
What is the asking price?
The asking price for this property is $4,629,897.
What are key features of this property?
This property features: Absolute triple‑net lease with no landlord responsibilities; Lease term runs through July 2042; 2% annual rental escalations during the primary term
