2701 Grandview Ave 2,015 SF Retail Building Odessa, TX 79762 $599,000 ($297.27/SF) 6.18% Cap Rate

**Commercial Lease Seller Notes: Taqueria Reynosa**
**Property Overview:**
Taqueria Reynosa is a premier commercial property strategically located on a hard corner, offering exceptional visibility and high traffic exposure. This well-established taqueria features a long-term tenant, providing a stable and reliable income stream for prospective buyers.
**Key Features:**
- **Full Kitchen:** Fully equipped to support a thriving restaurant operation.
- **Walk-in Coolers:** Ample storage capacity for inventory and perishables.
- **Dining Room & Lobby:** Spacious and welcoming areas for customers to dine in or wait for takeout.
- **Two Restrooms:** Convenient facilities for staff and patrons.
- **Prime Location:** Hard corner positioning ensures maximum visibility and accessibility.
**Lease Details:**
- **Lease Term:** 6 years remaining, with expiration in 2031.
- **Rent Escalation:** 3% annual rent increases, ensuring consistent income growth.
- **Tenant:** Long-term, established tenant, minimizing vacancy risk and offering dependable cash flow.
**Investment Highlights:**
This property presents an attractive opportunity for investors seeking a low-maintenance asset with built-in growth potential. The combination of a strong tenant, a well-equipped facility, and a favorable lease structure with annual rent increases makes Taqueria Reynosa a standout addition to any commercial real estate portfolio.
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