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Whataburger NNN Property

1900 E 8th St, Odessa, TX 79761

For Sale
New
$7,999,000

The corporate lease includes extension options and scheduled rent increases.

Property Size2,543 SF
Days on Market6

Property Features for 1900 E 8th St

General Information

Standard status Active
Size 2,543 SF
Property subtype Retail
Zoning LC: Light Commercial District 1

Additional Details

Tenant in Place Yes

Building Details

Building Size 2,543 SF
Year Built 1998
Listing Agency: SRS Real Estate Partners - Global Company
Listed By: Patrick Luther · License #01912215
Source: Srsre
Added: Nov 4 Last Checked: Nov 8 at 2:06AM

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 SRS Real Estate Partners - Global Company

Rey
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Investment Insights

Based on property information with market context.

This NNN property in Odessa is occupied by Whataburger Restaurants, LLC under a corporate-signed lease. The building was constructed in 1998 and is zoned LC: Light Commercial District 1.

More than 10 years remain in the lease term, followed by three five-year extension options. Rent increases by 10% every five years during the initial term and at the start of each option period.

Key Highlights

  • Corporate lease signed by Whataburger Restaurants, LLC
  • Over 10 years remaining on the lease, plus 3 (5‑year) extension options
  • 10% rent increases every 5 years during the initial term and at the start of each option period

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Whataburger Restaurant P&H Attic Insulation ... Roofing Company

Suggested Use

Top Pick Law Firm Furniture & Home Goods (Bike/Boat/Book/etc) Store Acupuncture Pet Grooming Service Grocery & Convenience Store

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

992
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
NNN property - The corporate lease includes extension options and scheduled rent increases.
Where is this nnn property located?
The property is located at 1900 E 8th St Odessa, TX.
What is the asking price?
The asking price for this property is $7,999,000.
What are key features of this property?
This property features: Corporate lease signed by Whataburger Restaurants, LLC; Over 10 years remaining on the lease, plus 3 (5‑year) extension options; 10% rent increases every 5 years during the initial term and at the start of each option period
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