Cricket Wireless — Sale in Odessa, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Odessa, TX 79762

Photos

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Investment Figures

Cap rate
7.75%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Cricket Wireless is a prepaid wireless service provider based in Atlanta, Georgia. Cricket offers an easy and high-quality wireless experience on their reliable nationwide network. Cricket is a subsidiary of AT&T Inc. AT&T (NYSE: T) is the world’s largest telecommunications company and the largest provider of mobile telephone services in the U.S. Odessa is located in Ector County, Texas, with a small section extending into Midland County. The city’s population is estimated at 114,428 people. It is the principal city of the Odessa Metropolitan Statistical Area, which includes all of Ector County. Investment Highlights: • New Seven Year Absolute Triple-Net Lease • Full Guaranty with Crown Wireless, Inc | 240 Locations • Signalized Hard Corner Location in a High Traffic Area, Visible by 49,000 Plus Cars per Day Along W 42nd St and Andrews Hwy • Adjacent to the Ector County Coliseum, a 42-Acre Complex Hosting Rodeos, Fairs, Trade Shows, Sporting Events, and More for Approximately 400,000 Visitors Annually • 125,212 Residents within a Five-Mile Radius - Projected to Increase Over 4 Percent by 2030 • Average Household Income Exceeds $91,000 in the Surrounding Area • Surrounded by National Tenants: McDonald's, Wendy's, Dollar General, Whataburger, and More

Market Context

This retail in Odessa, TX is listed for sale. It is offered at an approximate 7.8% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Odessa, TX — view the full market.

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