Montgomery, AL - Loan Max Title Loans
$636,000
2740 E South Blvd, Montgomery, AL 36116
6.75
Cap Rate
42,925
NOI
Details:
Description:
• The tenant, LoanMax Title Loans, has approximately 19 years remaining on its lease with 2 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 3% annual rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation
• The subject property is strategically located along E South Blvd, which averages over 35,000 vehicles passing by daily
• The property is in the center of a primary retail corridor with other nearby national/credit tenants including a Walmart Supercenter, TJ Maxx, Goodwill, AutoZone, Mavis, Planet Fitness, Dollar Tree, Wendy’s, Burger King, and more
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site
Location

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