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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

808 Maple Ave Odessa, TX 79761

20,071 SF 1.76 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 20,071 square foot Dollar Tree store in Odessa, Texas, situated on a 1.76-acre lot at 808 Maple Ave, 79761. The property boasts a strong 7.25% cap rate and a substantial NOI of $240,852, supported by a 10-year net lease (NN+) commencing February 1, 2025, and expiring January 31, 2035. The lease includes rent bumps and is backed by a corporate guarantee from Dollar Tree, Inc., a Fortune 200 company. This prime retail location benefits from high visibility on Maple Ave, near major intersections and significant population centers including the University of Texas Permian Basin and Medical Center Hospital. The store's strategic location, coupled with Dollar Tree's established brand recognition and essential retail offerings, ensures consistent customer traffic and strong sales potential. Recent upgrades, including added refrigerated and frozen storage, further enhance revenue opportunities. The property's strong demographic and economic fundamentals, within a five-mile radius of over 106,000 residents, provide a solid foundation for long-term investment stability. This is a 1031 exchange eligible property.

Property profile
Verified
Property type Retail properties & Spaces
Total area 20,071 SF
Lot 1.76 ac (76,666 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dollar Tree Discount Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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