Atlanta Title Loans | 3% Annual Increases | NEW 20-Yr NNN Lease | Riverdale, GA

Highlights:

• Attractive Economics: the New Lease Terms Offer Investors a Rare Opportunity to acquire below $1MM purchase price
• Enormous Commitment: Tenant Recently Agreed to a 20 Year Lease With 3% Annual Increases Built Into the Lease.
• 425+ Locations: SMR Currently Has 425+ Locations in 20 States Across the United States and is Rapidly Growing Nationwide.
• No Landlord Responsibilities: Tenant is Responsible for All Maintenance, Utilities, Taxes and Insurance. There is Zero Landlord Responsibilities Except Cashing the Monthly Rent Check! This is a Pure Passive Income Investment.

Description:

Atlanta Title Loans has been a fixture at this site for several years, providing essential financial services to the local community. The property boasts an Absolute NNN lease with a long-term commitment, along with multiple renewal options, ensuring a stable income stream for investors. The area is home to many national tenants, including Church’s Texas Chicken, Marathon, Sherwin Williams, IHOP, Extra Space Storage, and UPS.

Tenant:
Select Management Resources (SMR) specializes in the origination and servicing of automobile title loans. The company operates through sixteen distinct brands, which include LoanMax, Alabama Title Loans, Atlanta Title Loans, LoanStar, Mid-American Title Loans, North American Title Loans, Northeastern Title Loans, Northwest Title Loans, and Borinquen Title Loans, among others. SMR's extensive operational footprint and its commitment to serving the community make it one of the largest title lenders in the United States, with a network of 425 stores spanning 20 states and Puerto Rico.

Key Points:
Diverse Brand Portfolio: SMR operates through sixteen brands, offering a wide range of title loan options to cater to diverse customer needs and preferences.

Extensive Operational Presence: With a network of 425 stores across 20 states and Puerto Rico, SMR is among the largest title lenders in the United States, providing widespread access to its services.

Community Engagement: SMR's local retail brands have deep community ties and established customer relationships, reinforcing its commitment to serving the communities it operates in.

Tenured Funding: The company boasts a well-established and experienced funding process, ensuring a reliable source of capital to facilitate title loans and support its customers' financial need

Documents: