821 Fm 1960 - Texas Car Title & Payday Loan
Retail | 7.47% CAP | 4,700 SqFt
Marketing description
• 4,700 SF retail building that is 100% occupied by Texas Car Title and Payday Loans, Inc.
• Corporate lease with well established company, over 114 locations throughout Texas. Parent company is Community Loans of
America, Inc., with over 1,000 locations throughout 25 states.
• Tenant remained open and current with rent throughout entirety of pandemic.
• Tenant has occupied building since 2015 with 3% increases annually.
• Lease Type: NNN (Landlord responsible for roof & structure)
• Built in 1978, renovated in 2015.
Investment highlights
• 4,700 SF retail building that is 100% occupied by Texas Car Title and Payday Loans, Inc.
• Corporate lease with well established company, over 114 locations throughout Texas. Parent company is Community Loans of
America, Inc., with over 1,000 locations throughout 25 states.
• Tenant remained open and current with rent throughout entirety of pandemic.
• Tenant has occupied building since 2015 with 3% increases annually.
• Lease Type: NNN (Landlord responsible for roof & structure)
• Built in 1978, renovated in 2015.
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