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Miscellaneous

EZ Pawn

322 S 14th St, Kingsville, TX 78363

Listing Price: $632,000

Cap Rate
6.25%
Tenant Name
EZ Pawn
Years Remaining On Lease
7.8
Gross SF
4,937
Guarantor
Corporate Guarantee
Rentable SF
4,937
Price/Gross SF
$128.01
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$7.99

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).

Investment Highlights

  • Double-Net Lease with Approximately 7.9 Years Remaining
  • Excellent Access and Visibility on South 14th Street (13,652 VPD)
  • Tenant has Operated at this Location for 29 Years
  • Kingsville is Home to Texas A&M University-Kingsville and Naval Air Station Kingsville
  • 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: $632,000

Cap Rate
6.25%
Tenant Name
EZ Pawn
Years Remaining On Lease
7.8
Gross SF
4,937
Guarantor
Corporate Guarantee
Rentable SF
4,937
Price/Gross SF
$128.01
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$7.99

Investment Highlights

  • Double-Net Lease with Approximately 7.9 Years Remaining
  • Excellent Access and Visibility on South 14th Street (13,652 VPD)
  • Tenant has Operated at this Location for 29 Years
  • Kingsville is Home to Texas A&M University-Kingsville and Naval Air Station Kingsville
  • 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 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).

Exclusively Listed By

Financing By

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