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2526 8th AveGarden City, CO 80631
EZPAWN
Asset ClassRetail
Deal Size$799 K
Cap Rate: 6.51%Retail SF: 4,700Year Renovated: 2020Access Data Room
EZPAWN | Garden City, CO | Hard Corner Location
overview of deal

Overview

Lease Guarantor: Corporate Guaranty, EZCORP, Inc

Rent Commencement: 8/1/1996

Rent Increases: 7/31/2031

Lease Type: Double-Net

Roof & Structure: Landlord

Initial Lease Term: 10 Years

Lease Term Remaining: 6 Years

Options: 2 x 5-Year

Lot Size: 0.31 AC

Year Built/Renovated: 1986/2020 (New Roof in 2020 - 5 Years Remaining on Roof Warranty)

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Investment Highlights

  • Priced below replacement value at $799,000
  • Six years remaining on a double-net lease with two five-year options
  • EZPAWN is paying below market rent of $10.52/SF NNN
  • New Roof Installed in 2020 with 5+ years remaining on roof warranty
  • 29+ years of operating history, EZ Pawn has occupied the subject property since August 1996
  • Corporately guaranteed by EZCORP, Inc. one of the largest and publicly traded pawn shop operators. As of March 2025, EZCORP, Inc. operates in 1,284 locations throughout the US and multiple Latin America countries
  • Hard corner location less than a mile from University of Northern Colorado – Over 9,000 students
  • Located in Garden City, CO which is a part of Weld County, one of Colorado’s fastest growing. Weld has seen approximately 14% population growth in the last five years.
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2526 8th AveGarden City, CO 80631
University of Northern Colorado
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Listing provided by Revere CRE