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EZPAWN For Sale | Corporate Guarantee Triple Net (NNN) Lease

$798,600

1231 East Irving Boulevard, Irving, TX 75060

Pending
Last Updated: 10/18/2021

6

Cap Rate

47,916

NOI

Details:
Cap Rate:    6%
NOI:    $47,916
Building Size:    4,000 sqft
Lot Area:    0.18 acres
Lease Type:    Triple Net
Year Built:    1960
Price Per Sqft:    $199.65
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
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

Map:
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Offering Memorandum
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