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North American Title Loans 110 Liberty Ln 1,056 SF Retail Building Rock Port, MO 64482 $321,111 ($304.08/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Abs. NNN Lease | Zero Landlord Responsibility
- Attractive 3% Annual Increases
- Fee Simple Allowing for Depreciation
- Brand New 20-Year Lease
- Corporate Guarantee | Backed by North American Title Loans
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to exclusively present for sale this absolute netleased North American Title Loans property located at 110 Liberty Lane in Rock Port, Missouri. The offering features a 1,056-square-foot freestanding building situated on a 0.34-acre parcel with excellent visibility and convenient regional access.
Positioned just eight miles east of the Missouri River, Rock Port is a close-knit community serving as the county seat of Atchison County. While the immediate population is modest, the location supports a broader rural trade area, drawing customers from nearby towns and highways.
The surrounding area includes several residential communities such as Fair Oaks Apartments, The Avenue Apartments, Arbor Village Apartments, and Fulton Villa Apartments, contributing to steady local foot traffic. Complementary nearby retailers include Stoner Drug Company, NAPA Auto Parts, Fireworks World, and Lone Tree Saloon, creating additional consumer draw to the area.
The asset is backed by a 20-year triple-net (NNN) lease with zero landlord responsibilities, offering investors a passive, long-term income stream. The lease is corporately guaranteed, and runs through January 23, 2045 with two five-year renewal periods thereafter. Notably, the lease also includes 3% annual rental increases, providing attractive built-in rent growth.
North American Title Loans, affiliated with Mid-American Title Loans, is a highly established operator in the consumer finance space. Founded in 1990, the company operates in over 20 states and specializes in short-term title loan services
Positioned just eight miles east of the Missouri River, Rock Port is a close-knit community serving as the county seat of Atchison County. While the immediate population is modest, the location supports a broader rural trade area, drawing customers from nearby towns and highways.
The surrounding area includes several residential communities such as Fair Oaks Apartments, The Avenue Apartments, Arbor Village Apartments, and Fulton Villa Apartments, contributing to steady local foot traffic. Complementary nearby retailers include Stoner Drug Company, NAPA Auto Parts, Fireworks World, and Lone Tree Saloon, creating additional consumer draw to the area.
The asset is backed by a 20-year triple-net (NNN) lease with zero landlord responsibilities, offering investors a passive, long-term income stream. The lease is corporately guaranteed, and runs through January 23, 2045 with two five-year renewal periods thereafter. Notably, the lease also includes 3% annual rental increases, providing attractive built-in rent growth.
North American Title Loans, affiliated with Mid-American Title Loans, is a highly established operator in the consumer finance space. Founded in 1990, the company operates in over 20 states and specializes in short-term title loan services
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
1,056 SF
Building Class
B
Year Built
1999
Price
$321,111
Price Per SF
$304.08
Cap Rate
6.75%
NOI
$21,675
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.34 AC
PROPERTY TAXES
| Parcel Number | 5100-16-000154 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $72,600 |
PROPERTY TAXES
Parcel Number
5100-16-000154
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$72,600
CONTACTS
-
Ronnie Issenberg -
Ricardo Esteves -
Gabriel Britti -
Dave Saverin -
Marcus & Millichap
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North American Title Loans | 110 Liberty Ln
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