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Miscellaneous

EZ Pawn

1444 International Blvd, Brownsville, TX 78520

Listing Price: $1,183,000

Cap Rate
6.25%
Tenant Name
EZ Pawn
Years Remaining On Lease
7.9
Gross SF
3,236
Guarantor
No Guarantee
Rentable SF
3,236
Price/Gross SF
$365.57
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$22.84

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a triple-net lease EZ Pawn in Brownsville, Texas. The property consists of a 3,236-square-foot, freestanding building that sits on approximately 0.41 acres of land. There are 8 years remaining on the current lease term, with 10 percent rental escalations scheduled every five years in the main term and option periods. EZ Pawn is a brand under EZCORP, Inc. (NASDAQ: EZPW), the second largest pawn shop operator in the U.S. The property is located at the signalized hard corner of International Boulevard and East Polk Street, where traffic counts exceed 24,168 vehicles per day. The area is extremely dense with more than 166,350 residents within a five-mile radius. International Boulevard is one of the main thoroughfares in the city that leads to Matamoros, Mexico border crossings. Less than one mile from the property, Matamoros has a population of 571,000.

Investment Highlights

  • Triple-Net Lease with Approximately 8 Years Remaining
  • Signalized Hard Corner Location on International Boulevard and East Polk Street (24,168 VPD)
  • Tenant has Operated at this Location for 14 Years
  • More than 166,350 Residents Within a Five-Mile Radius (Only Including U.S. Demographics)
  • One Mile from Matamoros, Mexico (Population of 571,000) and The University of Texas Rio Grande Valley (Enrollment of 26,762)
  • 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

Listing Price: $1,183,000

Cap Rate
6.25%
Tenant Name
EZ Pawn
Years Remaining On Lease
7.9
Gross SF
3,236
Guarantor
No Guarantee
Rentable SF
3,236
Price/Gross SF
$365.57
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$22.84

Investment Highlights

  • Triple-Net Lease with Approximately 8 Years Remaining
  • Signalized Hard Corner Location on International Boulevard and East Polk Street (24,168 VPD)
  • Tenant has Operated at this Location for 14 Years
  • More than 166,350 Residents Within a Five-Mile Radius (Only Including U.S. Demographics)
  • One Mile from Matamoros, Mexico (Population of 571,000) and The University of Texas Rio Grande Valley (Enrollment of 26,762)
  • 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 Brownsville, Texas. The property consists of a 3,236-square-foot, freestanding building that sits on approximately 0.41 acres of land. There are 8 years remaining on the current lease term, with 10 percent rental escalations scheduled every five years in the main term and option periods. EZ Pawn is a brand under EZCORP, Inc. (NASDAQ: EZPW), the second largest pawn shop operator in the U.S. The property is located at the signalized hard corner of International Boulevard and East Polk Street, where traffic counts exceed 24,168 vehicles per day. The area is extremely dense with more than 166,350 residents within a five-mile radius. International Boulevard is one of the main thoroughfares in the city that leads to Matamoros, Mexico border crossings. Less than one mile from the property, Matamoros has a population of 571,000.

Exclusively Listed By

Financing By

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