North American Title Loans | Rock Port, MO

For Sale

North American Title Loans | Rock Port, MO

Asking Price: $320,000 | Cap Rate: 7%

• Net Operating Income: $22,324
• Weighted Avg. Lease Term (WALT): 18.6 Years
• Lease Type: Absolute Net

Property Highlights

• Leased to North American Title Loans on an Absolute Net-Lease featuring zero landlord responsibilities with more than 18.5 years remaining on the initial term and 3% annual increases, plus multiple options to renew.
• The lease is corporately guaranteed by Select Management Resources (SMR), a proven successful operator with 425+ locations across 20 states.
• Positioned 8 miles east of the Missouri River, Rock Port is a small community that serves as the county seat of Atchison County. While the immediate population is moderate, the location supports a broader rural trade area
• The asset is strategically positioned with high visibility along heavily trafficked Interstate-29 (13,409 VPD) and US Highway 136 which sees over 3,675 VPD.