LoanStar Title Loans | Nederland, TX 2924 Farm to Market Road 365
Nederland, TX 77627
For Sale
3,550 sqft
Sale Price
$1,017,200
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Retail For Sale - Available Immediately
6.25% CAP | Absolute NNN | Nederland, TX
LOANSTAR TITLE LOANS LoanStar Title Loans (North American Title Loans) is a financial services company specializing in short-term title loans. They offer title loans, where borrowers use their vehicle’s title to secure loans up to $10,000. LoanStar’s mission is to provide assistance to customers using a process that is convenient and hassle-free with terms are straightforward and transparent.
LOCATED IN DOMINANT RETAIL CORRIDOR The subject property benefits from its strategic location along a dense stretch of retail on FM 365, across from Central Mall, a 700,000+ SF indoor shopping mall that includes anchor tenants such as Target, Dillard’s, J.C. Penney, TJ Maxx, and more. Other national retails in the area include Walmart Supercenter, Lowe’s, Hobby Lobby, Academy Sports, Best Buy, Dollar Tree, Petco, Ross, and many more.
CORPORATE GUARANTEE FROM SELECT MANAGEMENT RESOURCES The lease is corporately guaranteed by Select Management Resources, LLC, the parent company of LoanStar Title Loans/North American Title Loans, which has 425+ locations in 20 states across the United States and is rapidly expanding nationwide.
Get in touch
Tony Anderson
Lic: 01936642
TA
Richard Brehaut
Lic: 01934760
RB
Kent Presson
Lic: 02076597
KP
Jeffrey Jackson
Lic: 602851
JJ
LONG-TERM ABSOLUTE TRIPLE NET (NNN) LEASE
There are 18.5+ years remaining on an Absolute Triple Net (NNN) lease, resulting in zero landlord management responsibilities. Tenant is responsible for property taxes, insurance, and all repairs & maintenance at the property, including the roof and structure. There are 3% annual rental increases built into the lease, providing positive rent growth and a hedge against inflation.
There are 18.5+ years remaining on an Absolute Triple Net (NNN) lease, resulting in zero landlord management responsibilities. Tenant is responsible for property taxes, insurance, and all repairs & maintenance at the property, including the roof and structure. There are 3% annual rental increases built into the lease, providing positive rent growth and a hedge against inflation.
EXCELLENT SITE-LEVEL VISIBILITY
LoanStar Title Loans benefits from having frontage on Farm to Market 365, which has excellent traffic counts of 28,517 vehicles per day. Additionally, the property is approximately half of a mile from a point of entry to US-287/US-69/US-96, which has daily traffic counts exceeding 63,950 vehicles in this area.
LoanStar Title Loans benefits from having frontage on Farm to Market 365, which has excellent traffic counts of 28,517 vehicles per day. Additionally, the property is approximately half of a mile from a point of entry to US-287/US-69/US-96, which has daily traffic counts exceeding 63,950 vehicles in this area.
Total Space Available
3,550 sqft
Sale Price
$1,017,200
Get in touch
Tony Anderson
Lic: 01936642
TA
Richard Brehaut
Lic: 01934760
RB
Kent Presson
Lic: 02076597
KP
Jeffrey Jackson
Lic: 602851
JJ