3601 Rossville Blvd

List Price
$860,000
PSF
$59
Cap Rate
7.26%
PPSF
$59
Lot Size
43,560 SF
Key Highlights
Lease structure: Absolute NNN Lease with over 3+ years remaining | Corporate Guarantee by EZPAWN the second largest pawn shop operator in the U.S
Lease tenure: With over 27 years of successful operating history at this location, the store has demonstrated long-term stability and continued performance in the market.
Strong Traffic Exposure – Positioned along Rossville Boulevard with approximately 24,500 vehicles per day, providing excellent visibility and accessibility.
Minimal Landlord Responsibilities: Tenant is responsible for all real estate taxes, insurance, and common area maintenance. Landlord’s sole responsibility is roof replacement at the end of its useful life. The roof was fully replaced in 2020 and remains under a 15-year Carlisle Total Roof Warranty.
Below Replacement Cost: Offered at approximately $59 per square foot, the asset is priced significantly below replacement cost, providing investors with a low basis and an attractive going-in return backed by a National credit tenant.
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Jonathan De La Rosa
Senior Managing Director Investments
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