Net Lease Investment Opportunity | TitleMax

Highlights:

• Rare “bite-size” NNN national tenant based in Savannah, GA with 2% annual rent increases!
• Operating at this location since 2007 with lease and options through December 2037
• Traffic counts more than 20K VPD and five-mile population over 186,000
• Projected population growth through 2028 of 2.12%
• Vibrant trade area close to major interstates and Hartsfield Jackson International Airport
• Strong corporate guarantor with over 1500 locations in 14 states and recognized industry leader in the title lending business

Description:

This rare “bite-size” NNN investment property just became an even better buy! The recent price reduction, coupled with a continuous operating history since 2007, make this Forest Park, GA, (Atlanta MSA) location a real winner!

TitleMax is conveniently located in a major retail artery, close to Interstate 75 and Interstate 285, with traffic counts of 20,200 VPD. The ±2,971 SF store is located near a busy signalized corner. This densely populated area has a 5-mile population of 186,657 with an average household income of $57,048. Growth projections continue at 2.12% through 2028.

The absolute NNN lease runs through November of 2037 and offers 2% annual rent increases to greatly enhance investor yield. The parent company, TMX Finance, is the lease guarantor and operates over 1,500 stores in 14 states. They are one of the largest title lending companies in the U.S.

Forest Park is in the southern part of the Atlanta MSA, less than 10 minutes from Atlanta’s Hartsfield-Jackson International Airport. The area has retail establishments, residential neighborhoods, as well as apartments, churches, Public Storage, a Travelodge and a Super 8 Motel. Clayton State University, Southlake Mall, and Southern Regional Medical Center are all within 5 miles of the property.

Forest Park, GA

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