EZ Pawn is a fee simple, free-standing building with 4 years remaining (in options) on an Absolute NNN lease and an annual 2% rental increase. This is a corporately guaranteed lease that recently executed the first 5 year renewal option. The tenant, EZ Pawn, has 364 locations nationwide. The guarantor, their parent company EZCORP, has 871 pawn stores in the US and Latin America.
The subject property is located in Zapata, Texas, on US Hwy 83 with excellent frontage and high drive-by visibility. Nearby retailers include Lowe’s Super S Foods, CVS Pharmacy, Tractor Supply Co., Ace Hardware, Carquest Auto Parts, O’Reilly Auto Parts, Cricket Wireless, Dollar General, McDonald’s, Church’s Chicken, Dairy Queen, Pizza Hut and Little Caesars Pizza. Leading employers in Zapata are Key Energy Services, Sunoco, Dollar General and CVS Health.
*Locations are available as a portfolio or individually.