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Odessa, TX - Whataburger

$7,999,000

1900 E 8th St, Odessa, TX 79761

Active
Last Updated: 11/04/2026

6.01

Cap Rate

480,844

NOI

Details:
Cap Rate:    6.01%
NOI:    $480,844
Building Size:    2,543 sqft
Lot Area:    0.72 acres
Occupancy:    100%
Year Built:    1998
Zoning:    LC: Light Commercial District 1
Description:

• The tenant has over 10 years remaining on its lease with 3 (5-year) options to extend
• Corporate signed lease by Whataburger Restaurants, LLC
• Features 10% rental increases every 5 years throughout the initial lease term and at the beginning of each option period, growing NOI and hedging against inflation

• The subject property is located at the hard corner intersection of E 8th Street (26,200 VPD) and Mc Kinley Avenue
• The site is also located near the intersection of E 8th Street (26,200 VPD) and Grandview Avenue (24,700 VPD)
• The asset benefits from excellent visibility and multiple points of ingress/egress
• Other nearby national/credit retailers include United Supermarkets, McDonald’s, Starbucks, AutoZone, 7 Brew, Walgreens, and more
• Established retail corridor with complementary uses

Map:
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