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87th St @ Evans Blvd
Odessa, TX 79765

$3,000,000 USD

Convenience Store For Sale  •  5,200 SF

Property Details

  • Property Type Convenience Store
  • Total Building Size 5,200 SF
  • Lot Size 2.67 AC
  • Building Class B
  • Year Built 2024
  • Tenancy Single
0 Transit Score
17 Walk Score

Highlights

New 15-year absolute NNN ground lease to an investment-grade tenant, rated “BBB” by Standard & Poor’s
8% rental increases every five (5) years, including option periods
Circle K is one of the largest chains of company-owned convenience stores in the United States, with over 14,200 locations
Centrally located in the quickest growing area of Odessa on a quickly growing retail and residential corridor
Affluent market with an average annual household income of $101,213 within a 3-mile radius (expected to grow 16%+ in the next 5 years)
The site also features 14 canopied gas pumps for added customer convenience

Public Transportation

AirportDriveWalkDistance
Midland International Air And Space Port 23 min - 15.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Michael Yuras 415-481-0788 Cushman & Wakefield
Michael Yuras 415-481-0788 Cushman & Wakefield