Cricket Wireless NNN Lease

Cricket Wireless (Andrews Hwy) | Odessa, Texas

Sands Investment Group is Pleased to Exclusively Offer for Sale the Cricket Wireless NNN Lease Asset at  4200 Andrews Highway in Odessa, TX. This Deal Includes a Premier Corner Location in Odessa, TX With 42nd Street Seeing 57K+ VPD and Andrews Highway Seeing 24K+ VPD, Providing a Prime Redevelopment Opportunity.

  • Premier Corner Location in Odessa, TX With 42nd Street Seeing 57K+ VPD and Andrews Highway Seeing 24K+ VPD
  • Prime Redevelopment Opportunity: Cricket Wireless Lease Expiring 10/31/2026 With No Renewal Options
  • Strong Demographics – 78K 3-Mile Population With $68K Average Income

In Cooperation With Sands Investment Group Austin, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481

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Highway 80 Assemblage Owner-User

Highway 80 Assemblage | Odessa, TX

Sands Investment Group is Pleased to Present Exclusively For Sale the 4.11 Acre Highway 80 Assemblage Owner-User Property Located at a Signalized Intersection Off of a Major Freeway in Odessa, TX. The Lot Features Allowed Use of Outdoor Storage Which is One of the Most In-Demand Occupancy Requirements For Both the Consumer Market and Business Market, Providing For a Unique Investment.

  • Assemblage of Property is a Perfect Opportunity For a Portfolio Investor Who Wants to Acquire For Investment Purposes as Both the Buildings and Land Can Be Occupied Immediately
  • The Lot Features Allowed Use of Outdoor Storage Which is One of the Most In-Demand Occupancy Requirements For Both the Consumer Market and Business Market; This Allows For Truck Parking, Truck Terminal, Maintenance/Service and Dealer Sales
  • The Property Can Be Developed For Many Different Users in Many Different Sectors of the Economy Who Can Benefit From Location and Ease of Access; These Uses Include Fuel Station/C-Store, Equipment Dealership/Leasing and Auto Dealership/Leasing Collision Center
  • Odessa, TX is Currently the 2nd Largest Market Leading Economic Growth in Texas With a Population Size of Over 123,000; Due to the Large Production in Oil and Natural Gas, Odessa, TX Continues to See Positive Growth and Steady Demand For New Development
  • A Truck Stop Would Be the Highest and Best Use of This Property as the Location is Right Off of the Major Highway 80 With Access to the Site From the Highway
  • Located at a Signalized Intersection Off of a Major Freeway

In Cooperation With Sands Investment Group Austin, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481

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C-Store Absolute NNN

Stripes | John Ben | Odessa, TX

Sands Investment Group is Pleased to Exclusively Offer For Sale the 4,750 SF C-Store Absolute NNN Fee Simple Lease Investment Located at 5200 John Ben Shepperd Pkwy in Odessa, Texas. This Deal Includes a 20 Year Absolute Triple Net (NNN) Lease That is Available As a Portfolio or Individually, Providing For a Unique Investment.

  • Available As a Portfolio or Individually
  • 20 Year Absolute Triple Net (NNN) Lease – The Tenant Recently Extended the Lease For an Additional 10 Years Showing Strong Commitment to the Location
  • Parent Company Investment Grade Credit – Sunoco’s General Partner, Energy Transfer Partners, Carries an Investment Grade Credit Rating of BBB- (S&P)
  • The Property Has a Scheduled Rent Increase of 7.5% in September 2021
  • Recession and Pandemic Resistant Tenant; C-Stores Have Thrived Throughout the Pandemic and Have Shown Strong Profitability
  • Potential For Credit Upgrade – Most Stripes Locations Were Acquired By 7-Eleven in 2017; The West Texas Locations Were Subject to a Non-Compete With Delek Holdings; Delek Holdings Licensing Agreement With 7-Eleven Expires in December 2022, Setting Up For the Remaining Stripes to Be Acquired
  • The Site Features the Well-Known Laredo Taco Company Tex-Mex Brand, Which Provides a Unique Traffic Driver to the Location
  • C-Stores Typically Can Qualify For Bonus and Accelerated Depreciation, Which Can Significantly Increases an Investor’s Cash Flow
  • Texas is an Income Tax-Free State

In Cooperation With Sands Investment Group Austin, LLC
Lic. # 9004706 BoR: Max Freedman – Lic. # 644481

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