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Miscellaneous

Loan Star Title Loans

800 N County Rd W, Odessa, TX 79763

Listing Price: $541,935

Cap Rate
7.75%
Tenant Name
Loan Star Title Loans
Years Remaining On Lease
2.3
Guarantor
Corporate Guarantee
Rentable SF
2,400
Lease Type
Double Net
Rent Per Square Feet
$17.50

Investment Overview

Marcus & Millichap is pleased to present for sale a corporately guaranteed Loan Star Title loans in Odessa, Texas. This property currently has over 2 years remaining on term with a double net lease that boasts minimal landlord responsibilities. Achieving high visibility by sitting on a hard corner in downtown Odessa, it is surrounded by other major retailers including a Walgreens across the street. Retail rents in the Odessa market were rising at a 4.2 percent annual rate during the first quarter of 2023, and have posted an average annual gain of 3.1 percent over the past three years. Odessa also has one of the fastest-growing populations in the state, which is expected to increase by more than double that of the national average by 2026.

Investment Highlights

  • Corporate Guarantee
  • Minimal Landlord Responsibilities
  • Harder Corner Location in Downtown

Exclusively Listed By

Financing By

Miscellaneous

Loan Star Title Loans

Listing Price: $541,935

Cap Rate
7.75%
Tenant Name
Loan Star Title Loans
Years Remaining On Lease
2.3
Guarantor
Corporate Guarantee
Rentable SF
2,400
Lease Type
Double Net
Rent Per Square Feet
$17.50

Investment Highlights

  • Corporate Guarantee
  • Minimal Landlord Responsibilities
  • Harder Corner Location in Downtown

Investment Overview

Marcus & Millichap is pleased to present for sale a corporately guaranteed Loan Star Title loans in Odessa, Texas. This property currently has over 2 years remaining on term with a double net lease that boasts minimal landlord responsibilities. Achieving high visibility by sitting on a hard corner in downtown Odessa, it is surrounded by other major retailers including a Walgreens across the street. Retail rents in the Odessa market were rising at a 4.2 percent annual rate during the first quarter of 2023, and have posted an average annual gain of 3.1 percent over the past three years. Odessa also has one of the fastest-growing populations in the state, which is expected to increase by more than double that of the national average by 2026.

Exclusively Listed By

Financing By

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