EZPAWN For Sale | Corporate Guarantee Triple Net (NNN) Lease
$798,600
1231 East Irving Boulevard, Irving, TX 75060
For Sale
Retail
Free Standing
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
Documents:
Title | ||
---|---|---|
Offering Memorandum |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location

Gallery





