Cash America

Average Sale and Lease Details

Price Range 12mo avg: $900K – $1.66M
$/sf 12mo avg: $211
CAP Rate 12mo avg: 6.88%
NOI average: $88,615
Lease Terms: 10yrs
Typical Lease Type: NN
Building Size avg: 5,985 SF
Lot Size avg: 0.36+/- acres

About Cash America

In 1983, Cash America founder Jack Daugherty opened the first Cash America Pawn in Irving, Texas, with hopes to build a company that would serve the under-banked population—those who could not get financial help from traditional financial lenders. After just a few years, he took the company public and has since expanded Cash America to become one of the largest pawnshop chains in the country.

Cash America International, Inc. is celebrating its 30-year anniversary of providing small loans to individuals since 1984. Today the Company offers a variety of specialty financial services to customers, with an emphasis on pawn lending through its storefront operations. As of December 31, 2014, the Company operated 943 total locations offering specialty financial services to consumers, which included the following:

  • 859 lending locations in 21 states in the United States primarily under the names “Cash America Pawn,” “SuperPawn,” “Cash America Payday Advance,” and “Cashland;” and
  • 84 check cashing centers (all of which are unconsolidated franchised check cashing centers) operating in 12 states in the United States under the name “Mr. Payroll.”

 

NYSE: CSH

Annual Reports

Cash America Financial Highlights

S&P Credit Rating: AAA+
Moody’s Credit Rating: Aaa1
Annual Revenue 2015: $1.30B
Annual Revenue 2014: $1.09B
Revenue Growth: 6.14 2014
Net Income $27.57M
Units (Dec. 2015) 822
Average Units Volume: $1.25M

Recent Closings for Cash America and Similar Tenants

Net Leased Cash America

Cash America

Houston, TX
Net Leased Cash America

Cash America

Houston, TX