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7280 TX-191
Odessa, TX 79765

$6,600,000 USD

Restaurant For Sale  •  8,108 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 8,108 SF
  • Lot Size 1.9 AC
  • Building Class C
  • Year Built 2020
  • Cap Rate 7.00 %
  • Tenancy Single
30 Walk Score

Highlights

This Walk On's is personally guaranteed by 3 individuals who operate one of the brand's top franchise groups. Founded in 2003.
Odessa sits at the epicenter of the Permian Basin, the largest and most productive oil-producing region in the country.
Triple Net (NNN) Lease with 14 years of term remaining and zero landlord responsibilities
Tenant has operated at this location since 2020 and has options extending through 2060.
An outparcel of Parks Legado Town Center, a 100%-occupied Class A retail development with direct frontage on TX-191.
Average household income of $109,237 and a population of 66,800 residents within a 5-mile radius.
Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Walk On's Sports Bistreaux 8,108 SF 8/31/2040

Public Transportation

AirportDriveWalkDistance
Midland International Air And Space Port 15 min - 9.4 mi
Max Freedman 818-625-3521 Sands Investment Group Austin, LLC
Max Freedman 818-625-3521 Sands Investment Group Austin, LLC