EZPAWN For Sale | Corporate Guarantee Triple Net (NNN) Lease
1231 East Irving Boulevard, Irving, TX
$798,600
Price
6%
Cap Rate
$47,916
NOI
Overview
Description
Sands Investment Group is Pleased to Exclusively Offer For Sale the 4,000 SF EZPAWN at 1231 Irving Boulevard in Irving, Texas. This Opportunity Includes a Corporate Guarantee Triple Net (NNN) Lease That Has Remained in the Same Location Since 2002, Providing For a Secure Investment. With a Recently Extended Lease Featuring Approximately 10 Years, This Asset Provides For a Long Term and Secure Investment With Ease of Management and a Strong Yield.
In Cooperation With Sands Investment Group Austin, LLC
Lic. # 9004706 BoR: Max Freedman - Lic. # 644481
Highlights
- Secure and Ease of Management Investment - Corporate Guarantee Triple Net (NNN) Lease With Approximately 10 Years Remaining and Two, Five Year Options to Extend
- Tenant Recently Extended the Initial Term of the Lease Demonstrating Strong Confidence in This Location For the Long-Term Investment Outlook
- EZPAWN Has Over 500 Locations Nationally
- Excellent Hedge Against Inflation With a 7.5% Rental Increase on July 1, 2026, and an Additional Increase at Option Periods
- Tenant Has Resided at This Location Since 2002 Showing Commitment to the Site
- Recession-Proof Tenant Which Resides in an Income Tax-Free State
- Strong Demographics – the Average Household Income is $69,672 Within a 5-Mile Radius
- E Irving Road Sees More Than 26,000 VPD
- Property is Located 0.7-Miles From Texas State Highway 12 – Which Sees Over 130,000 VPD
- Nearby Tenants Include: AutoZone, Little Caesar's, O’Reilly Auto Parts, Domino’s, Subway, Waffle House, ALDI, Dollar General and More
Documents
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Offering Memorandum |