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Chipotle 8009 Hwy. 191 2,329 SF 4-Star Retail Building Odessa, TX 79765 $3,550,000 ($1,524.26/SF) 5% Cap Rate
Investment Highlights
- 2026 Construction. 2,329+/- SF Building on 0.53+/- Acre Site
- Benefits from Proximity to I-20, a Key West-to-East Transportation Artery Serving Midland, Odessa, and the Permian Basin
- Chipotle (NYSE: CMG) is a High-Credit, Publicly Traded Tenant – $11.3 B+ in Annual Revenue & 3,900+ Locations
- Prime Corner with Excellent Visibility & Access Along TX-191 (37,401+ VPD), just North of I-20 Business/2nd Street (32,522+ VPD)
- 2 Mi. from University of Texas Permian Basin (~6k+ Students), 4 Mi. from Midland International Airport (700k+ Passengers/Yr), & More
- Odessa | Anchors America’s Top Oil & Gas Producing Region | Population: 124,392+
Executive Summary
Brand-New 15-Year Absolute NNN Lease W/ 10% Rental Increases Every 5 Years
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,329 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2026
Price
$3,550,000
Price Per SF
$1,524.26
Cap Rate
5%
NOI
$177,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.53 AC
Zoning
F1 - Commercial
Parking
25 Spaces (10.73 Spaces per 1,000 SF Leased)
Nearby Major Retailers
Property Taxes
| Parcel Number | 28750.00110.00000 | Improvements Assessment | $0 |
| Land Assessment | $117,571 | Total Assessment | $117,571 |
Property Taxes
Parcel Number
28750.00110.00000
Land Assessment
$117,571
Improvements Assessment
$0
Total Assessment
$117,571
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Chipotle | 8009 Hwy. 191
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