NNN Restaurant
For Sale
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3805 Andrews Hwy, Odessa, TX 79762
Freestanding Arby’s restaurant with an absolute NNN lease and multiple renewal options.
Property SizeContact for details
Days on Market143
Property Features for 3805 Andrews Hwy
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
CBRE - Atlanta
(404) 504-7893
Listed By:
Chris Bosworth · License #GA 248342
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 6:02PM
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 CBRE - Atlanta
Investment Insights
Based on property information with market context.
The property is a 2,826-square-foot Arby’s restaurant on 0.64 acres at 3805 Andrews Hwy in Odessa, Texas. Constructed in 1982, the site has operated as an Arby’s for more than 37 years and is currently occupied under an absolute NNN lease.
Approximately ±12.2 years remain on the lease, with 1.75% annual rent increases and four 5-year renewal options. The location is the only Arby’s in Odessa, while the nearest other location is 18 miles northeast in Midland. The tenant is Turbo Restaurants, part of Sun Holdings Inc., which operates 230 Arby’s restaurants throughout Texas.
Approximately ±12.2 years remain on the lease, with 1.75% annual rent increases and four 5-year renewal options. The location is the only Arby’s in Odessa, while the nearest other location is 18 miles northeast in Midland. The tenant is Turbo Restaurants, part of Sun Holdings Inc., which operates 230 Arby’s restaurants throughout Texas.
Key Highlights
- 2,826‑square‑foot Arby’s restaurant on 0.64 acres
- Absolute NNN lease with ±12.2 years of remaining term
- 1.75% annual rent increases
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
378
Businesses Nearby
Explore this area
Business Placement
Demographics for 79762, TX
40,253
Population
17,259
Households
2.3
Avg Household Size
34
Median Age
22%
College-Educated
87%
High-School Grad
30.5 sq mi
ZIP Area
1,320
Density / Sq Mi
$74,560
Median Household Income
$45,151
Median Earnings
$1,338
Median Rent
$218,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - Freestanding Arby’s restaurant with an absolute NNN lease and multiple renewal options.
Where is this nnn property located?
The property is located at 3805 Andrews Hwy Odessa, TX.
What are key features of this property?
This property features: 2,826‑square‑foot Arby’s restaurant on 0.64 acres; Absolute NNN lease with ±12.2 years of remaining term; 1.75% annual rent increases
