Overview

Description

Marcus & Millichap is pleased to present the following exclusively represented single-tenant net-leased (STNL) property. The tenant is Check Into Cash, which is one of the nation's largest and most comprehensive check cashing services in the country. The firm offers payday advances, title loans, bill payment services, check cashing, reloadable prepaid debit cards, Western Union money transfers and various other money order services. At the present time, Check Into Cash has over 1,200 stores across the country.

The lease is a 10-year net lease with over six years remaining. Landlord responsible for roof and structure. The tenant has two, five-year lease renewals. The subject property is located in the main business district of Humboldt, Tennessee. Humboldt has a population of approximately 8,500, and is a part of the Jackson, Tennessee CSA totaling 65,211. This particular CSA is the seventh largest in the state of Tennessee.

Highlights

• Easy to Manage Single-Tenant Net-Leased Asset
• Tenant is One of the Leading Check Cashing Services in the United States
• New Store Remodel Prototype
• Corporate Guaranteed Lease
• Plenty of Remaining Term on the Lease
• Tremendous Visibility with Easy Access

Documents

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