New Drive-Thru Investment
For Sale
Contact for pricing
4001 N Grandview Ave, Odessa, TX
New construction NNN ground lease near major retailers and schools.
Property Size510 SF
Lot Size0.46 Acres
Price / SF$3,219
Days on Market862
Property Features for 4001 N Grandview Ave
General Information
Standard status
Active
Size
510 SF
Lot size
0.46 Acres
Property subtype
RETAIL
Listing Agency:
Secure Net Lease - Dallas
(214) 522-7200
Listed By:
Kyle Varni · License #707940
(469) 694-4189
Source:
Moodyscre
Added: Apr 29, 2024
Changed: Aug 15
Last Checked: Sep 7 at 12:40PM
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
Investment Insights
Based on property information with market context.
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.
Key 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
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
773
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Coffee Energy Services — 3715 Boulder Ave, Odessa, TX 79762
- Starbucks — 2016 E 42nd St, 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
Frequently Asked Questions
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
