The property consists of a 14,000-square-foot freestanding building situated on approximately 1.02 acres of land. There are over three years remaining on the current lease term, with rental escalations scheduled every five years during the option periods. The lease is structured as an absolute NNN lease with zero landlord responsibilities. The roof was replaced in 2020 and carries a 15-year warranty.
EZPAWN operates the location and is a brand of EZCORP, Inc. (NASDAQ: EZPW), the second-largest pawn shop operator in the United States.
The property offers excellent access and visibility along Rossville Boulevard, which experiences traffic counts exceeding 24,940 vehicles per day. The surrounding area is highly dense, with more than 136,417 residents within a five-mile radius, increasing 40.6% to 196,992 during daytime hours due to the commuting workforce.
With over 27 years of successful operating history at this location, the store has demonstrated long-term stability and continued performance in the market.