7 Brew Drive-Thru | Texas | $90K NOI 1364 E 8th St 510 SF Retail Building Odessa, TX 79761 $2,093,880 CAD ($4,105.65 CAD/SF) 6% Cap Rate

Texas Broker of Record.... Frankel Development ... Lic # 9000477
Faris Lee Investments is pleased to present the opportunity to acquire a new, dual drive-thru 7 Brew Coffee property located in Odessa, Texas. This subject property is strategically positioned with frontage and access to 8th Street (32,000+ VPD), a key east-west thoroughfare serving the Odessa market. 7 Brew Coffee opened July 2024 and commenced a brand new, 15-year, Absolute NNN ground lease with 10% rental increases every 5 years – providing an investor with a hedge against inflation and increasing cash flow. The long-term lease, 7 Brew’s brand momentum, and the absence of landlord responsibilities create an outstanding investment opportunity for a passive investor. 
The subject property is surrounded by community drivers: Odessa Regional Medical Center (211 beds / 700+ employees), Medical Center Hospital (100,000+ patients annually), Odessa High School (3,700+ students), Permian High School (4,100+ students) and the University of Texas Permian Basin (5,700+ students). The asset sits on a corner parcel with superior visibility and access to 8th Street, whilst fronting the United Supermarket and ICA Business Plaza. Midland-Odessa is well known for its population growth and success in the energy / natural resource sectors, supplying about 40% of the United States oil production. The offering in Odessa TX is backed by 7 Brew’s second largest franchise operator, further enhancing the strength and stability of the opportunity for an investor to acquire a best-in-class Coffee QSR investment property with strong real estate fundamentals.