5102 W Thomas Rd
Phoenix, AZ 85031
TitleMax Corporate Ground Lease · Retail Property For Sale

The subject property is a .52 acre parcel leased to TitleMax of Arizona, Inc., which operates out of its 1,652 square foot building located thereon. The ground lease is additionally guaranteed by TitleMax's parent company, TMX Finance, LLC, and has five years remaining before the first of two five year options to extend. The lease has zero landlord obligations and calls for 10% increases in each option period as well. The subject is well located in the heart of Phoenix and the Phoenix MSA at the intersection of 51st Avenue and Thomas Rd. National retailer's in a one block radius include Wal-Mart, El Super, Los Altos Ranch Market, Arco, Circle K, ChevRon, 7-Eleven, McDonald's, Burger King, Taco Bell, Wendy's, Church's Chicken, Chase, Wells Fargo, etc. Nearly one third of the 1.6m people living in the city of Phoenix live within 5 miles of the subject and that number is expected to grow approximately two percent by 2021. The Phoenix MSA is home approximately 4.6 million people and is expected to grow 10% by 2021. The MSA's economy is expected to grow faster than the national average as well and is anchored by multiple Fortune 500 companies and the construction, high-tech manufacturing, healthcare and tourism industries.