2924 FM 365, Nederland, TX 77627

LOANSTAR TITLE LOANS

LoanStar Title Loans (North American Title Loans) is a financial services company specializing in short-term title loans. They offer title loans, where borrowers use their vehicle’s title to secure loans up to $10,000. LoanStar’s mission is to provide assistance to customers using a process that is convenient and hassle-free with terms are straightforward and transparent.

LONG-TERM ABSOLUTE TRIPLE NET (NNN) LEASE

There are 18.5+ years remaining on an Absolute Triple Net (NNN) lease, resulting in zero landlord management responsibilities. Tenant is responsible for property taxes, insurance, and all repairs & maintenance at the property, including the roof and structure. There are 3% annual rental increases built into the lease, providing positive rent growth and a hedge against inflation.

LOCATED IN DOMINANT RETAIL CORRIDOR

The subject property benefits from its strategic location along a dense stretch of retail on FM 365, across from Central Mall, a 700,000+ SF indoor shopping mall that includes anchor tenants such as Target, Dillard’s, J.C. Penney, TJ Maxx, and more. Other national retails in the area include Walmart Supercenter, Lowe’s, Hobby Lobby, Academy Sports, Best Buy, Dollar Tree, Petco, Ross, and many more.

CORPORATE GUARANTEE FROM SELECT MANAGEMENT RESOURCES

The lease is corporately guaranteed by Select Management Resources, LLC, the parent company of LoanStar Title Loans/North American Title Loans, which has 425+ locations in 20 states across the United States and is rapidly expanding nationwide.

EXCELLENT SITE-LEVEL VISIBILITY

LoanStar Title Loans benefits from having frontage on Farm to Market 365, which has excellent traffic counts of 28,517 vehicles per day. Additionally, the property is approximately half of a mile from a point of entry to US-287/US-69/US-96, which has daily traffic counts exceeding 63,950 vehicles in this area.