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2763 North County Road West
Odessa, TX 79764
Asking Price
$2.15M
Cap Rate
6%
Asset Type
Storefront Retail
Class
Class B
What's Special
Retail | 6.00% CAP | 11,223 SqFt <ul><li></li><li><span style="color: rgba(0, 30, 69, 1)">Long Term Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases throughout the Initial Term and Options. Recent Lease Extension and 35+ Year Historical Occupancy.</span></li><li></li><li><span style="color: rgba(0, 30, 69, 1)">Advance Auto Parts is strategically located at the signalized, hard corner intersection of State Highway 450 and North County Road which supports over 43k vehicles per day.</span></li><li>
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NOI
$80,000
Cap Rate
3.73%
DSCR
0.63
Underwater
Cash-on-Cash
-7.36%
Monthly Payment
$10,612.29
Annual Cash Flow
$-47,347.476
