Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a double-net lease EZ Pawn in Kingsville, Texas. The property consists of a 4,937-square-foot, freestanding building that sits on approximately 0.43 acres of land. There are approximately 7.9 years remaining on the current lease term, with rental escalations scheduled throughout the option periods. 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 South 14th Street, where traffic counts exceed 13,652 vehicles per day. The property is two miles to Texas A&M University-Kingsville (9,200 students enrolled) and three miles to Naval Air Station Kingsville ($852 million in economic output for the Texas economy in 2019).