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25459041
32197833

110 Liberty Ln, Rock Port, MO 64482

RE
FL SL-3402581
Marcus & Millichap
Listed by Marcus & Millichap
$309,642
37 days on market
Updated 37 days ago

North American Title Loans - Rock Port, MO

Details
Property Type Retail
Sub Type Storefront
Square Footage 1,056
Net Rentable (SqFt) 1,056
Units 1
Cap Rate 7%
NOI $21,675
Occupancy 100%
Tenancy Single
Brand/Tenant North American Title Loans
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 01/22/2045
Remaining Term 18.6
Rent Bumps Yes
Price per SqFt $293
Broker Co-Op Yes
Year Built 1999
Buildings 1
Stories 1
Acreage 0.340
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 01/23/2025
Occupancy Date 01/23/2025
Ground Lease No
Ownership Fee Simple

North American Title Loan | 20-Yr. Abs. NNN | Corp. Guarantee | Annual Increases

Marketing description

Marcus & Millichap is pleased to exclusively present for sale this absolute netleased North American Title Loans property located at 110 Liberty Lane in Rock Port, Missouri. The offering features a 1,056-square-foot freestanding building situated on a 0.34-acre parcel with excellent visibility and convenient regional access.

Positioned just eight miles east of the Missouri River, Rock Port is a close-knit community serving as the county seat of Atchison County. While the immediate population is modest, the location supports a broader rural trade area, drawing customers from nearby towns and highways.

The surrounding area includes several residential communities such as Fair Oaks Apartments, The Avenue Apartments, Arbor Village Apartments, and Fulton Villa Apartments, contributing to steady local foot traffic. Complementary nearby retailers include Stoner Drug Company, NAPA Auto Parts, Fireworks World, and Lone Tree Saloon, creating additional consumer draw to the area.

The asset is backed by a 20-year triple-net (NNN) lease with zero landlord responsibilities, offering investors a passive, long-term income stream. The lease is corporately guaranteed, and runs through January 23, 2045 with two five-year renewal periods thereafter. Notably, the lease also includes 3% annual rental increases, providing attractive built-in rent growth.

North American Title Loans, affiliated with Mid-American Title Loans, is a highly established operator in the consumer finance space. Founded in 1990, the company operates in over 20 states and specializes in short-term title loan services

Investment highlights

■ Abs. NNN Lease | Zero Landlord Responsibility

■ Brand New 20-Year Lease

■ Attractive 3% Annual Increases

■ Corporate Guarantee | Backed by North American Title Loans

■ Fee Simple Allowing for Depreciation

Listing Contacts

RE
FL SL-3402581
Marcus & Millichap
Listed by Marcus & Millichap

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$21,675.00
$1,806.25/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

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Additional Information

Name
David Saverin
License
2008015320
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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