DG Market | Odessa, TX Listing Details & Market Data

9024 W 16th St, Odessa, TX 79763

  • For Sale $2,708,103
  • Property Type Retail - Freestanding
  • Property Size 12,687 SF
  • Lot Size 1.53 Acre
  • Parking Spaces Avail. 40
  • Property Tenancy Single Tenant
  • Year Built 2023
  • Date Updated Feb 12, 2024
The subject property is located at W 16th St in Odessa, TX, approximately 15 minutes from Medical Center Hospital System and 35 minutes from Midland, TX. Midland-Odessa have historically been the epicenter of oil and gas production in the United States. Midland and the Permian Basin region produce over 43% of the domestic oil supply and 17% of the natural gas supply.Randall Commercial Group, LLC is pleased to exclusively offer for sale this brand new, free-standing Dollar General located in Odessa, TX The subject property has a 15-year, NNN lease with a rent commencement date of January 23, 2024 and 5% rent increases every five years during the primary term and each option. The property is located on 16th Street just west of Odessa, across from Cavazos Elementary School. Dollar General is an investment-grade tenant with a Standard & Poor’s “BBB” credit rating.

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Highlights

  • NNN Single Tenant Investment Opportunity
  • Located in the Midland-Odessa MSA
  • 15-Year Lease with Five (5), Five (5) Year Options
  • 5% Increases Every 5 Years During Primary Term and Each Option
  • Corporate Guarantee by Dollar General Corporation

Contacts

broker

Elizabeth Randall, CCIM

Randall Commercial Group

(662) 234-4044

Location

Getting Around

  • Walk Score ®

    Car-Dependent (5)
  • Bike Score ®

    Somewhat Bikeable (25)
Powered by Walk Score ®
  • City Odessa, TX
  • Neighborhood West Odessa
  • Zip Code 79763
  • Market Midland Odessa

Points of Interest

  • Stripes

    1.29 miles

  • Phillips 66

    1.43 miles

  • 7-Eleven

    2.07 miles

  • H-E-B Fuel

    4.22 miles

  • Sunoco

    5.58 miles

  • Love's

    5.71 miles

  • Texaco

    6.39 miles

  • Chevron

    6.41 miles

  • Phillips 66

    6.46 miles

  • H-E-B Fuel

    8.42 miles

  • Mesa Parking

    9.48 miles

  • Domino's

    0.96 miles

  • Stars Drive-In

    1.02 miles

  • The Better Buger

    1.25 miles

  • Wagon Wheel Bar-B-Que

    1.26 miles

  • Hot Spot Cafe

    1.30 miles

  • Susie's Cafe

    1.31 miles

  • Sonic

    1.33 miles

  • Texas Burger

    1.41 miles

  • Quetzal Cafe

    1.42 miles

  • Polos'

    1.44 miles

  • Lowe's Supermarket

    1.47 miles

  • WestmoorShopping Center

    2.41 miles

  • Wal-Mart

    4.25 miles

  • Walmart Supercenter

    4.26 miles

  • H-E-B

    4.37 miles

  • West County Plaza

    5.09 miles

  • United Supermarkets

    5.19 miles

  • Western Village Shopping Center

    5.30 miles

  • La Tienda

    6.21 miles

  • Ector Plaza

    6.23 miles

Contact Listing Broker

broker

Elizabeth Randall, CCIM

Randall Commercial Group

(662) 234-4044