6.4% IN PLACE CAP RATE WITH A 4% PERCENTAGE RENT BONUS

Highlights

• - Attractive 6.4% in-place cap rate
• - 4% in place percentage rent bonus, NOT calculated in the cap rate
• - 2 years remaining on current lease term
• - Three, 5-year lease extensions available
• - 5% rent increases for triggered extensions
• - Daily traffic count, 37,000

Description

ONE Street Commercial Properties in association with Bang Realty is excited to present this exceptional opportunity for NNN Retail/Restaurant investors, this impressive property at 4261 John Ben Shepperd Pkwy in Odessa, TX.

The property boasts a spacious 12,467 SF building, 1.47 acre lot, constructed in 2011, with a 100% occupancy rate. Meticulously maintained and ideally situated in the thriving Odessa area, this property offers an enticing prospect for those seeking a solid investment. With its modern amenities, excellent visibility, and established occupancy, this property provides a promising foundation for a successful retail or restaurant venture. Don't miss the chance to capitalize on this sought-after property in a prime location.

Situated in the heart of Odessa—a thriving and dynamic city—the surrounding area of the property at 4261 John Ben Shepperd Pkwy offers an abundance of nearby amenities and attractions. Enjoy convenient access to high-traffic corridors, shopping centers, dining destinations, and recreational facilities, making it an appealing location for potential Office/Office Building investors. Additionally, nearby points of interest such as the University of Texas Permian Basin, Music City Mall, and McKinney Park offer further allure for businesses and employees alike. This prime location provides a promising opportunity for investment and growth in the heart of this bustling West Texas community.

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