401 New Franklin Rd, LaGrange, GA 30240

Marcus & Millichap is pleased to exclusively present for sale this absolute net-leased North American Title Loans property located at 401 New Franklin Road in LaGrange, Georgia. The offering features a 6,014-square-foot freestanding building situated on a 0.53-acre parcel at a signalized intersection, providing excellent visibility, strong traffic counts, and convenient regional access.

Strategically positioned approximately 60 miles southwest of Atlanta, LaGrange sits in the foothills of the Georgia Piedmont and is part of the Atlanta-Sandy SpringsGainesville-Georgia-Alabama Combined Statistical Area. The city benefits from a growing population base of 30,858 residents and is anchored by cultural, educational, and recreational drivers. Notably, LaGrange is home to LaGrange College, the oldest private college in Georgia, and is in close proximity to West Point Lake, a regional attraction drawing bass fishermen and water sports enthusiasts.

The property benefits from a strong retail presence in the immediate trade corridor, with complementary national and regional retailers including KFC, Aldi, Church’s Chicken, Taco Bell, Sherwin-Williams, Advance Auto Parts, McDonald’s, Harbor Freight Tools, Burger King, among others. This clustering of essential retail and service tenants enhances consumer draw and supports consistent daily traffic to the location.

Additionally, the site is surrounded by a mix of residential and institutional demand generators. Nearby apartment complexes include Cameron Crossing, Highland Village Apartments, Laurel Crossing, The Remy Apartments at LaGrange, the Lofts of LaGrange, Brittany Place of LaGrange, and Orchard Trace of LaGrange. Several new housing developments—such as Crossvine Village, The Hamilton Townhomes, and Silverton Townhomes—further reinforce long-term growth. Educational institutions in the area include LaGrange College (582 students), West Georgia Technical College, Callaway High School, and Point University (2,000 enrolled students). Civic and historic anchors such as the Troup County Courthouse, Annex, and Jail also contribute to steady traffic and economic stability.

The asset is backed by a brand-new 20-year triple-net (NNN) lease with zero landlord responsibilities, offering investors a passive, long-term income stream. The lease is corporately guaranteed by Select Management Resources (SMR), a well-established operator with 425+ locations across more than 20 states. The lease runs through January 23, 2045 and includes two five-year renewal options thereafter. The lease also provides for 3% annual rental increases, delivering attractive built-in rent growth and inflation protection.

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.