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Rank #18 of 3165/100 · STRONG

StripesNet Lease

7801 W University Blvd., Odessa, TX

Cap Rate5.00%
Asking$5,497,000
Annual Rent$274,844
Term Remaining4.8 yrs

Location Scorecard Fortis model · STRONG

Traffic (AADT)18,236 (2024)
Population (3 mi)16,122
Avg HH income (3 mi)$103,930
Daytime jobs (3 mi)4,438
Fuel competitors (1 mi)0
CountyEctor County

Lease & Rent

Tenant / bannerStripes
Lease structureNet Lease
Lease expirationJun 2031
Term remaining4.8 yrs
Rent escalationsPer lease (confirm)
Renewal optionsConfirm in lease

Financials

Annual rent$274,844
Asking price$5,497,000
Cap rate5.00%
Building SF4,731
Price / SF$1,162

Financing Scenario

Loan
Down
Debt service
DSCR
Cash-on-cash
Debt yield

NNN — in-place rent treated as NOI. Illustrative only.

Full marketing flyer with demographics, traffic, aerials and lease detail.

Download Property Flyer (PDF)