Miscellaneous

TitleMax

125 Elbert St, Elberton, GA 30635

Listing Price: $532,650

Cap Rate
8.00%
Tenant Name
TitleMax
Years Remaining On Lease
1.90
Gross SF
2,876
Guarantor
Corporate Guarantee
Rentable SF
2,876
Price/Gross SF
$185.21
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$14.82

Investment Overview

Marcus & Millichap is pleased to present for sale a single-tenant retail building located in Elberton, Georgia. The subject property is 2,876 square feet and was constructed in 1977 and was renovated in 1981. The property is occupied by TitleMax, a privately owned lending business with more than 1,100 locations in sixteen states. TitleMax is a financial services company and was deemed Essential during the recent COVID-19 shutdown. TitleMax continued providing services to their clients and there was no interruption in rent at this location. The subject property sits in Downtown Elberton just minutes from county services/ offices. The property sits at the signalized interstation of College Street and S Thomas Street. The property is adjacent to a Bojangles and across the street from Elberton Town Hall, Police Department, and a Regions Bank. Additional points of interest surrounding the property include local restaurants, Walgreens, USPS, CVS, McDonald’s, KFC, and Elbert Memorial Hospital (52-beds). Property is part of a Portfolio. Can be sold together or separately.

Investment Highlights

  • Triple-Net (NNN) Leased Single-Tenant Investment | TitleMax
  • Long Term Occupancy Since 2007
  • Full NNN | No Landlord Responsibilities
  • Low Rent | Low Price Point | Hard Corner Location
  • Financial Services Deemed Essential During COVID | No Interruption in Rent
  • County Seat | Elbert County, Georgia
  • 34 Miles to Athens, GA | 110 Miles to Atlanta, GA

Exclusively Listed By

Listing Price: $532,650

Cap Rate
8.00%
Tenant Name
TitleMax
Years Remaining On Lease
1.90
Gross SF
2,876
Guarantor
Corporate Guarantee
Rentable SF
2,876
Price/Gross SF
$185.21
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$14.82

Investment Highlights

  • Triple-Net (NNN) Leased Single-Tenant Investment | TitleMax
  • Long Term Occupancy Since 2007
  • Full NNN | No Landlord Responsibilities
  • Low Rent | Low Price Point | Hard Corner Location
  • Financial Services Deemed Essential During COVID | No Interruption in Rent
  • County Seat | Elbert County, Georgia
  • 34 Miles to Athens, GA | 110 Miles to Atlanta, GA

Investment Overview

Marcus & Millichap is pleased to present for sale a single-tenant retail building located in Elberton, Georgia. The subject property is 2,876 square feet and was constructed in 1977 and was renovated in 1981. The property is occupied by TitleMax, a privately owned lending business with more than 1,100 locations in sixteen states. TitleMax is a financial services company and was deemed Essential during the recent COVID-19 shutdown. TitleMax continued providing services to their clients and there was no interruption in rent at this location. The subject property sits in Downtown Elberton just minutes from county services/ offices. The property sits at the signalized interstation of College Street and S Thomas Street. The property is adjacent to a Bojangles and across the street from Elberton Town Hall, Police Department, and a Regions Bank. Additional points of interest surrounding the property include local restaurants, Walgreens, USPS, CVS, McDonald’s, KFC, and Elbert Memorial Hospital (52-beds). Property is part of a Portfolio. Can be sold together or separately.

Exclusively Listed By

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