Listed by Sands Investment Group, Sands Investment Group Austin
$2,446,808
New Construction Whataburger - Odessa, TX
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 2,370
Cap Rate 4.7%
NOI $115,000
Occupancy 100%
Tenancy Single
Brand/Tenant Whataburger
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 03/31/2041
Remaining Term 15
Rent Bumps Yes
Lease Options 3 x 5 Year Options
Price per SqFt $1,032
Year Built 2026
Acreage 0.900
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 03/07/2026
Ground Lease Yes
Whataburger - New Construction | Long-Term Ground Lease | Prime Frontage on Busy Corridor
Marketing description
Sands Investment Group is pleased to exclusively offer for sale the 2,370 SF new construction Whataburger located at 8020 TX-191 in Odessa, TX. The property is secured by a 15-year Absolute Triple Net (NNN) Ground Lease, providing a truly passive investment with zero landlord responsibilities. This property is a shadow anchored by a new construction Bass Pro Shops, making it an attractive, low management investment in one of Odessa's most
Investment highlights
- Bass Pro Shop Shadowed: Anchored by a brand new Bass Pro Shops development, driving significant regional traffic and establishing TX- 191 as a premier retail corridor in Odessa/Midland.
- Brand-New Construction QSR: New construction Whataburger built to the brand’s latest prototype, offering investors a modern facility backed by a strong tenant.
- Long-Term Absolute Triple Net (NNN) Lease: The property is secured by a 15-year Absolute Triple Net (NNN) Ground Lease, offering a passive investment with zero landlord responsibilities.
- Prime Frontage on TX-191: Positioned along TX-191, a major east-west corridor connecting Odessa and Midland, the site benefits from strong traffic counts, excellent frontage, and high visibility.
- Highly Desirable Drive-Thru QSR Asset: Drive-thru quick-service restaurant (QSR) net lease investments remain among the most sought-after retail assets due to strong tenant demand and durable consumer traffic.
- Strong National Tenant: Whataburger operates 1,100+ locations across the United States and remains one of the most recognizable and trusted quick-service brands in the country.
- Strategic Permian Basin Location: Located in Odessa within the Permian Basin, one of the strongest energy-driven economies in the U.S., supporting long-term population and economic growth.
Listing Contacts
Listed by Sands Investment Group, Sands Investment Group Austin
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$115,000.00
$9,583.33/mo
Valuation Metrics
0
DSCR
4.7%
Cap Rate
4.7%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Title
Name
License
Brokerage
Brokerage Phone
Title
Name
License
Is there information that looks off?
