EZPAWN For Sale | Triple Net (NNN) Lease Investment
$1,073,118
914 Federal Road, Houston, TX 77015
For Sale
Retail
Free Standing
Active
Last Updated: 07/20/2021
6
Cap Rate
64,387
NOI
Details:
Cap Rate: 6%
NOI: $64,387
Building Size: 5,625 sqft
Lot Area: 0.68 acres
Year Built: 1980
Price Per Sqft: $190.77
Highlights:
- Secure and Ease of Management Investment - Corporate Guarantee Triple Net (NNN) Lease With Over 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 2001 Showing Commitment to the Site
- Recession-Proof Tenant Which Resides in an Income Tax-Free State
Description:
Sands Investment Group is Pleased to Exclusively Offer For Sale the 5,625 SF EZPAWN Located at 914 Federal Road in Houston, Texas. This Opportunity Includes a Corporate Guarantee on a High-Quality Tenant That Has Over 500 Locations Nationally, Providing For a Great Investment Opportunity. With a Recently Extended Lease Featuring Over 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:
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Offering Memorandum |
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