SRS Negotiates $2.7M Sale of Retail Asset Leased to Chick-fil-A in Odessa

Originally Published: REBusiness Online

ODESSA, TEXAS — SRS Real Estate Partners has negotiated the $2.7 million sale of a 4,998-square-foot retail property leased to Chick-fil-A in the West Texas city of Odessa. The Atlanta-based restaurant chain has signed a 20-year corporate-guaranteed lease at the property and opened its doors in April. Matthew Mousavi, Patrick Luther and Dale Robbins of SRS represented the seller, Lisciotti Development Corp., in the transaction. The buyer was an undisclosed, Texas-based investor.