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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
22980390
22980391

2701 N Grandview Ave, Odessa, TX 79762

Quiroz Holdings
Listed by Quiroz Holdings
$600,000
434 days on market
Updated 38 days ago

2701 N. Grandview

Details
Property Type Retail
Sub Type Gas Station, Restaurant
Square Footage 2,000
Net Rentable (SqFt) 2,000
Cap Rate 6.64%
NOI $37,200
Occupancy 100%
Tenancy Single
Lease Type NN
Lease Expiration 01/01/2031
Remaining Term 4.5
Rent Bumps Yes
Class C
Year Built 1986
Year Renovated 2010
Buildings 1
Stories 1
Investment Type Stabilized
Tenant Credit No Credit Rating
Lease Commencement 01/01/2018
Occupancy Date 01/01/2018
Ownership 100
Sale Condition For sale by owner

Retail | 6.64% CAP | 2,000 SqFt

Marketing description

**Commercial Lease Seller Notes: Taqueria Reynosa**

**Property Overview:**

Taqueria Reynosa is a premier commercial property strategically located on a hard corner, offering exceptional visibility and high traffic exposure. This well-established taqueria features a long-term tenant, providing a stable and reliable income stream for prospective buyers.

**Key Features:**

- **Full Kitchen:** Fully equipped to support a thriving restaurant operation.

- **Walk-in Coolers:** Ample storage capacity for inventory and perishables.

- **Dining Room & Lobby:** Spacious and welcoming areas for customers to dine in or wait for takeout.

- **Two Restrooms:** Convenient facilities for staff and patrons.

- **Prime Location:** Hard corner positioning ensures maximum visibility and accessibility.

**Lease Details:**

- **Lease Term:** 6 years remaining, with expiration in 2031.

- **Rent Escalation:** 3% annual rent increases, ensuring consistent income growth.

- **Tenant:** Long-term, established tenant, minimizing vacancy risk and offering dependable cash flow.

**Investment Highlights:**

Fuel tanks are still in place and are classified as inactive by TCEQ

This property presents an attractive opportunity for investors seeking a low-maintenance asset with built-in growth potential. The combination of a strong tenant, a well-equipped facility, and a favorable lease structure with annual rent increases makes Taqueria Reynosa a standout addition to any commercial real estate portfolio.

Owner covers taxes at $6,000.00 annual

Let me know if you'd like any adjustments or additional details included!

Listing Contacts

Quiroz Holdings
Listed by Quiroz Holdings

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$37,200.00
$3,100.00/mo

Valuation Metrics

0
DSCR
6.2%
Cap Rate
6.2%
ROI

Map

Zoning

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R CommercialRetail CommercialRetail District
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Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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