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| Price $683,333 | Built/Renov 1977 | Tenant TitleMax |
| Cap Rate 6.75% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
2,876
| Lease Start
08-15-2022
| #Units
900
|
| Price/SF $237.60 | Expiration
08-15-2037
| Tenant Type Bank/Financial |
| NOI $46,125 | R. Term 12.9 | Ownership Fee Simple |
| Rent/SF
$16.04
| Increases 2.0%/1/yrs | Pop 5Mi 10,549 |
| Lot/AC 0.64 | Options 0/0yrs | AHHI 5Mi $66,050 |
| | |
TitleMax is strategically located on Elbert Street, with access to 17,174 vehicles passing by daily. The property is situated just off the main retail corridor, which features a variety of national tenants and is conveniently located near the heavily traveled College Ave. In the surrounding 5-mile trade area, there is a population of 10,549 residents with an average household income of...
...Signalized intersection
Hard corner intersection
Major thoroughfare
Dense retail corridor
Near major nationals
Strategically located
Absolute NNN
Long 10+ yr lease
Annual rent increases
Corporate Guarantee
TitleMax, Inc. is an American privately owned title lending business that provides title loan and title pawn products which allows customers to borrow against the value of their vehicles while...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 4,116 | 7,905 | 10,635 |
| 2023 Total Population : | 4,126 | 7,882 | 10,647 |
| 2023 Employed Civilian Pop : | 1,517 | 3,126 | 4,265 |
| 2023 Total Businesses : | 307 | 480 | 564 |
| 2023 Average Household Income : | $ 60,414 | $ 64,248 | $ 64,108 |
| 2023 Total Consumer Spending : | $ 89 M | $ 186 M | $ 255 M |
| 2023 Median Age : | 40 | 41 | 42 |
| 2023 Total Households : | 1,675 | 3,275 | 4,477 |
| 2023 Pop Age 25+: Bachelor's Degree : | 225 | 386 | 625 |
| 2023 Average Home Value : | $ 142,174 | $ 169,958 | $ 173,773 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Thomas Street | Deadwyler St | 2021 | 390 | 0.03 mi |
| Thomas Street | PkSt | 2021 | 990 | 0.08 mi |
| Thomas Street | Elbert St | 2019 | 1,010 | 0.08 mi |
| Elbert Street | N McIntosh St | 2019 | 17,500 | 0.09 mi |
| Heard Street | S McIntosh St | 2019 | 1,600 | 0.11 mi |
| North McIntosh Street | N McIntosh St | 2021 | 530 | 0.12 mi |
| Deadwyler St | N McIntosh St | 2013 | 490 | 0.12 mi |
| South McIntosh Street | Heard St | 2021 | 560 | 0.12 mi |
| Thomas Street | Heard St | 2019 | 830 | 0.15 mi |
| Deadwyler Street | 2019 | 490 | 0.15 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
