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Miscellaneous

EZPAWN

3376 W 10th St, Indianapolis, IN 46222

Listing Price: $905,000

Cap Rate
6.50%
Tenant Name
EZPAWN
Years Remaining On Lease
4.4
Gross SF
10,125
Guarantor
Corporate Guarantee
Rentable SF
10,125
Price/Gross SF
$89.38
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$5.81

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a triple-net lease EZPAWN in Indianapolis, Indiana. The property consists of a 10,125-square-foot, freestanding building that sits on approximately 0.56 acres of land. There are approximately 4.4 years remaining on the current lease term, with a rental escalation scheduled in the next option. EZPAWN 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 10th Street and Tibbs Avenue, where combined traffic counts exceed 34,386 vehicles per day. The area is extremely dense with more than 249,685 residents within a five-mile radius.

Investment Highlights

  • Triple Net Lease with Approximately 4.4 Years Remaining
  • Signalized Hard Corner Location on 10th Street and Tibbs Avenue (34,386 VPD)
  • 1.5 Miles to Indianapolis Motor Speedway, the Home of the Indie 500 (400,000 Capacity)
  • Huge Daytime Population of 407,681, a 61% Increase over the Residential Population
  • Dense Infill Location - More than 249,685 Residents Within a Five-Mile Radius
  • Tenant Recently Extended the Lease 5 Years and has Operated at this Location for 28 Years
  • Low Price Point - $89.38 PSF
  • Corporate Store - EZCORP, Inc. (NASDAQ: EZPW) Operates 1,148 Stores in the U.S. and Latin America

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Financing By

Listing Price: $905,000

Cap Rate
6.50%
Tenant Name
EZPAWN
Years Remaining On Lease
4.4
Gross SF
10,125
Guarantor
Corporate Guarantee
Rentable SF
10,125
Price/Gross SF
$89.38
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$5.81

Investment Highlights

  • Triple Net Lease with Approximately 4.4 Years Remaining
  • Signalized Hard Corner Location on 10th Street and Tibbs Avenue (34,386 VPD)
  • 1.5 Miles to Indianapolis Motor Speedway, the Home of the Indie 500 (400,000 Capacity)
  • Huge Daytime Population of 407,681, a 61% Increase over the Residential Population
  • Dense Infill Location - More than 249,685 Residents Within a Five-Mile Radius
  • Tenant Recently Extended the Lease 5 Years and has Operated at this Location for 28 Years
  • Low Price Point - $89.38 PSF
  • 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 EZPAWN in Indianapolis, Indiana. The property consists of a 10,125-square-foot, freestanding building that sits on approximately 0.56 acres of land. There are approximately 4.4 years remaining on the current lease term, with a rental escalation scheduled in the next option. EZPAWN 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 10th Street and Tibbs Avenue, where combined traffic counts exceed 34,386 vehicles per day. The area is extremely dense with more than 249,685 residents within a five-mile radius.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

Financing By

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