Check into Cash
Retail | 8.58% CAP | 2,664 SqFt
Marketing description
This Check into Cash opened in April 2015. Check into Cash exercised their first option early in Sep 2023 and goes to Sep 30, 2028. Check into Cash has another 5 year option. This is a NN lease (roof and structure). Taxes, insurance, CAM = tenant reimburses. The building is 2,664 square feet that sits on .92 acre. The property has 45 parking spaces. The HVAC was replaced in 2018 (tenant). The building was remolded in 2018. The area has residential, manufacturing, Walmart, banks, Dollar General, McDonalds, AutoZone, restaurants, elementary school, junior high school, high school, park, Dollar Tree, etc in the area that makes this a great location for Check into Cash! Check into Cash is the leading check cashing service company. Humboldt has around 9,000 people. N Central Ave has around 6,000 vehicles per day. The yearly rental income is $42,864. The CAP is 8.58% with a sales price of $499,580
Investment highlights
This Check into Cash opened in April 2015. Check into Cash exercised their first option early in Sep 2023 and goes to Sep 30, 2028. Check into Cash has another 5 year option. This is a NN lease (roof and structure). Taxes, insurance, CAM = tenant reimburses. The building is 2,664 square feet that sits on .92 acre. The property has 45 parking spaces. The HVAC was replaced in 2018 (tenant). The building was remolded in 2018. The area has residential, manufacturing, Walmart, banks, Dollar General, McDonalds, AutoZone, restaurants, elementary school, junior high school, high school, park, Dollar Tree, etc in the area that makes this a great location for Check into Cash! Check into Cash is the leading check cashing service company. Humboldt has around 9,000 people. N Central Ave has around 6,000 vehicles per day.The yearly rental income is $42,864. The CAP is 8.58% with a sales price of $499,580
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