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Miscellaneous

EZ Pawn

803 Uvalde Rd, Houston, TX 77015

Listing Price: $1,055,000

Cap Rate
6.25%
Tenant Name
EZ Pawn
Years Remaining On Lease
6.8
Gross SF
4,000
Guarantor
No Guarantee
Rentable SF
4,000
Price/Gross SF
$263.75
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$16.48

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a triple-net lease EZ Pawn in Houston, Texas. The property consists of a 4,000-square-foot, freestanding building that sits on approximately 0.30 acres of land. There are approximately 6.8 years remaining on the current lease term, with 10 percent rental escalations scheduled in April 2023 and every five years in the option periods thereafter. EZ Pawn is a brand under EZCORP, Inc. (NASDAQ: EZPW), the second largest pawn shop operator in the U.S. The property has excellent access and visibility on Uvalde Road, where traffic counts exceed 26,965 vehicles per day. The area is extremely dense with more than 173,463 residents and a balanced daytime population of 172,954 within a five-mile radius.

Investment Highlights

  • Triple-Net Lease with Approximately 6.8 Years Remaining
  • Excellent Access and Visibility on Uvalde Road (26,965 VPD)
  • Tenant has Operated at this Location for 29 Years
  • Dense Infill Location – 12 Miles to Downtown Houston
  • More than 173,463 Residents Within a Five-Mile Radius
  • Low Price-Point
  • Corporate Store - EZCORP, Inc. (NASDAQ: EZPW) Operates 1,148 Stores in the U.S. and Latin America

Exclusively Listed By

Financing By

Miscellaneous

EZ Pawn

Listing Price: $1,055,000

Cap Rate
6.25%
Tenant Name
EZ Pawn
Years Remaining On Lease
6.8
Gross SF
4,000
Guarantor
No Guarantee
Rentable SF
4,000
Price/Gross SF
$263.75
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$16.48

Investment Highlights

  • Triple-Net Lease with Approximately 6.8 Years Remaining
  • Excellent Access and Visibility on Uvalde Road (26,965 VPD)
  • Tenant has Operated at this Location for 29 Years
  • Dense Infill Location – 12 Miles to Downtown Houston
  • More than 173,463 Residents Within a Five-Mile Radius
  • Low Price-Point
  • Corporate Store - EZCORP, Inc. (NASDAQ: EZPW) Operates 1,148 Stores in the U.S. and Latin America

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a triple-net lease EZ Pawn in Houston, Texas. The property consists of a 4,000-square-foot, freestanding building that sits on approximately 0.30 acres of land. There are approximately 6.8 years remaining on the current lease term, with 10 percent rental escalations scheduled in April 2023 and every five years in the option periods thereafter. EZ Pawn is a brand under EZCORP, Inc. (NASDAQ: EZPW), the second largest pawn shop operator in the U.S. The property has excellent access and visibility on Uvalde Road, where traffic counts exceed 26,965 vehicles per day. The area is extremely dense with more than 173,463 residents and a balanced daytime population of 172,954 within a five-mile radius.

Exclusively Listed By

Financing By

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