Cash Pawn
Beeville , Texas
Building
Stats
- Property Type Retail - Free Standing Building
- Building size (SF) 6,500
- Price $1,400,102.36
Overview
Avison Young is pleased to offer for purchase a two-tenant net lease EZ Pawn (NYSE:EZPW) and Approved Money Center located in Beeville, TX. Beeville is the home of Coastal Bend College and is enjoying a boom from the Eagle Ford Shale oil extraction project. EZ Pawn purchased the operations at this site from a previous pawn operator in 2015 after identifying this property and market as an excellent addition to the existing 400+ location EZ Corp family. Approved Money has over 20 locations in Texas specializing in payday and auto loans. Their lease began in 2012 and runs through November 2022.
Highlights
NN lease through 2030 with 1% annual escalations
New roof installed 2012 with a 15-year warranty
Tenant pays taxes and insurance
Corporate guaranteed lease
Hard corner location at main city intersection
Two, five, & ten-mile population density of 14,361, 22,058, & 28,992 respectively
9,435 & 4,639 VPD
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