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    New Drive-Thru Investment Opportunity Title is generated by Realmo AI

    4001 N Grandview Ave, Odessa, TX

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    New construction NNN ground lease near major retailers and schools.

    Type:RETAIL
    Property size:
    510 SF
    Lot size:
    0.46 Acres
    Price / SF:
    $3,219/SF
    Added:
    Apr 29, 2024
    Days on Market:
    771
    Last Refresh:
    May 20 at 8:37 pm

    Property Features for 4001 N Grandview Ave

    General Information

    Standard status
    Active
    Size
    510 SF
    Lot size
    0.46 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Kyle Varni
    Kyle Varni

    Listing agent Kyle Varni

    Listing office Secure Net Lease - Dallas

    Listing date Apr 29, 2024

    Source Moodyscre

    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

    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
    • Proximity to Permian High School and The University of Texas Permian Basin
    • Located Near National Retailers
    • 7 Brew's Unique Drive‑Thru Business Model Sees Over $2.4M in Annual Revenue

    Overview

    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.
    Property Profile Location Intelligence

    Current Use by Public Records

    7 Brew Coffee Cafe & Coffee Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places 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

    Location Insight

    • Map
    • Local Demand
    City
    Odessa
    County
    Ector
    State
    Texas
    Longitude
    -102.352
    Latitude
    31.8884

    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
    (469) 694-4189 Call to check price and availability
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