TitleMax
Calhoun, GA

OFFERING SUMMARY

List Price: $860,680
CAP Rate: 7.25%
Lease Type: Double Net
Gross Leasable Area: 2,250 SF
Lot Size: 0.31 Acre
Year Built: 1992
Year Renovated: 2015
Lease Expiration: March 2025

OFFERING 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.

Exterior Photograph of TitleMax in Calhoun, Georgia

$860K | Active Listings | Double-Net | Georgia | STNL