2506 Andrews HwyOdessa, TX 79761

This exceptional investment opportunity presents a fee-simple ownership of a 7,892 square foot Family Dollar shopping center in Odessa, Texas. Located at 2506 Andrews Hwy, 79761, this single-tenant property boasts a strong 9.0% cap rate and a substantial net operating income (NOI) of $59,504. The property features a triple-net (NNN) lease with limited landlord responsibilities, encompassing only roof and parking lot maintenance. The current lease term extends to December 30, 2026, with 2.1 years remaining, followed by four 5-year lease options with rent bumps. Built in 2003 on a 0.66-acre lot, this well-maintained building benefits from its location near Odessa College, New Tech Odessa High School, and numerous other schools, retailers, and apartments, contributing to high traffic volume. The property's strategic placement near a highly trafficked intersection with a combined daily vehicle count exceeding 45,000 further enhances its appeal. The densely populated 5-mile radius, home to over 112,100 residents, ensures a consistent customer base for the tenant. This is a rare opportunity to acquire a stable, high-performing retail investment with significant upside potential. The asking price is $661,150, translating to a price per square foot of $83.77. The property's 100% occupancy and long-term lease provide exceptional security and predictable cash flow for investors.