Description

This investment opportunity features a freestanding Check Into Cash location that originally opened in April 2015 and exercised its first five-year renewal option early in September 2023, extending the current term through September 30, 2028, with one additional five-year option remaining. The property operates under a NN lease structure, with the tenant reimbursing taxes, insurance, and CAM, while the landlord is responsible for roof and structure. The 2,664-square-foot building sits on approximately 0.92 acres and offers 45 parking spaces. The HVAC system was replaced in 2018 at the tenant’s expense, and the building was remodeled the same year. Located in Humboldt, a community of approximately 9,000 residents, the property benefits from a strong surrounding retail and residential presence, including Walmart, Dollar General, McDonald's, AutoZone, Dollar Tree, banks, schools, parks, restaurants, and manufacturing facilities. Positioned along N Central Avenue with traffic counts of approximately 6,000 vehicles per day, the site offers solid visibility and accessibility. The property generates annual rental income of $42,864 and is offered at $499,580, reflecting an attractive 8.58% cap rate.