New Early Lease Extension – 12+ Year of Firm Term

• ACE recently agreed to add 5 years onto their existing lease term providing an investor with 12+ years of firm term.
• The tenant did not have to extend the lease with over 7 years remaining, showing their continued dedication to this site.

Long Term Occupancy – 27+ Years of Successful Operations

• ACE Cash Express has successfully been operating at this location since 1993, over 27 years ago.

Recent Remodel Including New Roof

• Upon exercising its last option, Landlord agreed to invest approximately $75,000 in remodeling the subject property including a new roof, fencing, painting, parking lot repairs, sealing and striping and landscaping.

Corporate Lease

• ACE Cash Express, Inc. is one of the largest owners and operators of check cashing store in the United States.
• ACE was founded in 1968 and serves customers in 24 states with over 950 locations.

Low Price Point – Multiple Long-Term Investment Options

• Based on the low acquisition value, an investor has multiple long-term options for the subject property at the expiration of the lease term. Potential redevelopment or new long-term lease with ACE Cash Express, Inc.

Passive NNN Investment With ZERO Landlord Responsibilities

• Ideal management-free investment opportunity – absolutely no landlord obligations, including roof and structure. True absolute NNN lease

Ideally Located Adjacent to Wonderland of the Americas – a 733k SF Regional Shopping Center

• Wonderland of America is anchored by Super Target, Burlington, Hobby Lobby and SteinMart.
• The regional shopping center consists of over 85 retail shops and restaurants.

High Traffic Along Major Thoroughfare Near Two Interstate Freeways

• The subject property is ideally located along the heavily trafficked Fredericksburg Road with 29,000 CPD
• Access to two major highways, Interstate 410 (228,000 CPD) and Interstate 10 (218,000 CPD)

Attractive Demographics – Densely Populated Trade Area: 

• The subject property benefits from the huge number of nearby rooftops with 159,197 people in the 3-mile radius and 402,922 in the 5-mile radius.
• Attractive demos for ACE with $57,569 average household incomes in the 5-mile radius.

Strong Investment Fundamentals – Attractive Increases

• Low rent and attractive price point under $1m.
• Attractive 14.87% increase in 2 years.
• Solid underlying real estate in major retail corridor with corporate tenant guarantor backing the NNN lease.
• Ideal 1031 exchange property