Bank

Title Max

350 W Belmont Dr, Calhoun, GA 30701

Listing Price: $860,680

Cap Rate
7.25%
Tenant Name
TitleMax
Years Remaining On Lease
4.2
Gross SF
2,250
Guarantor
Corporate Guarantee
Rentable SF
2,250
Price/Gross SF
$382.52
Lease Type
Double Net
Rent Per Square Feet
$27.73

Investment Overview

Diffie Retail Team at Marcus & Millichap is pleased to present this 2,250 square foot corporately-guaranteed TitleMax in Calhoun, Georgia. With a new five-year double-net lease that runs through March of 2025, the property offers investors a recession-proof asset with minimal landlord responsibility. Originally built in 1992, the buliding underwent extensive renovation down to the studs in 2015 and was completely re-built with a fresh updated façade. TitleMax not only remains current on their lease, they fill a space in the marketplace for those who cannot obtain traditional bank financing, which is an advantage during difficult economic times.

Investment Highlights

  • Corporately-Guaranteed Double Net Lease
  • Recession-Proof Asset
  • Extensive Renovation and New Five-Year Lease

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    License(s): GA: 252904

    Georgia

Listing Price: $860,680

Cap Rate
7.25%
Tenant Name
TitleMax
Years Remaining On Lease
4.2
Gross SF
2,250
Guarantor
Corporate Guarantee
Rentable SF
2,250
Price/Gross SF
$382.52
Lease Type
Double Net
Rent Per Square Feet
$27.73

Investment Highlights

  • Corporately-Guaranteed Double Net Lease
  • Recession-Proof Asset
  • Extensive Renovation and New Five-Year Lease

Investment Overview

Diffie Retail Team at Marcus & Millichap is pleased to present this 2,250 square foot corporately-guaranteed TitleMax in Calhoun, Georgia. With a new five-year double-net lease that runs through March of 2025, the property offers investors a recession-proof asset with minimal landlord responsibility. Originally built in 1992, the buliding underwent extensive renovation down to the studs in 2015 and was completely re-built with a fresh updated façade. TitleMax not only remains current on their lease, they fill a space in the marketplace for those who cannot obtain traditional bank financing, which is an advantage during difficult economic times.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    License(s): GA: 252904

    Georgia

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