LoanMax Absolute Net Lease Investment Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30720998
Property Subtypes: Free-Standing Building, Retail-Pad
Building Size (RSF): 1,500 SF
Gross Land Area: 14,450 SF
Sale Price: $499,000
Unit Price: $332.67 PSF
Property Use Type: Investment
Building Name: LoanMax
Sale Terms: Undisclosed
Cap Rate: 6.54%
Last Updated: 4/14/2021

Overview / Comments

- 2020 Taxes: $6,759.50
- Absolute net lease expires in 2025 with (1) 5-year option
- Option and Rates: Years 1-3 - $2,950.00 per month | Years 4-5 - $3,100.00 per month
- Area Neighbors: Dollar General, Burger King, Spangles, Pizza Hut, Emprise Bank, Autozone, Discount Auto and many more!

About LoanMax
Founded in 1990 in Jonesboro, GA as Instant Cash Loans on Car Titles, Inc., LoanMax is one of America’s most respected companies helping hardworking Americans use the equity in their vehicle to access the cash they need. LoanMax and its affiliated companies operate in more than twenty states nationwide.

For 25 years, we have been committed to helping customers get the hassle-free cash they need. Our company’s mission is to provide assistance to our customers in accessing the cash they need using a process that is convenient and hassle-free and terms that are straight-forward and transparent. We do all this while providing you with the excellent customer service you deserve and the honesty and integrity that you would expect.

While our reach is nationwide, LoanMax believes in operating as a trusted member of each community that we serve. LoanMax, its affiliates, and its sole owner, Rod Aycox, through his charitable foundation, have donated to numerous charities and organizations including the Martin Luther King, Jr. Memorial in Washington, DC., Christmas toy drives for underprivileged children, programs to feed the homeless, youth organizations that provide computer training and after-school tutors, as well as local fire and police departments.

Additional Details

Nearest MSA: Wichita
County: Sedgwick
Tax ID/APN: 087128340330601400F
Zoning: LIMITED COMMERCIAL
Retail Clientele: General
Tenancy: Single Tenant
Year Built: 1999
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,377 113,306 228,497
Median Age: 32.05 32.74 33.57
Households: 5,516 45,654 93,231

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