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| Price $781,106 | Built/Renov 1980 | Tenant Advance Financial |
| Cap Rate 8.75% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
4,500
| Lease Start
10-17-2016
| #Units
105
|
| Price/SF $173.58 | Expiration
10-31-2027
| Tenant Type Bank/Financial |
| NOI $68,347 | R. Term 3.1 | Ownership Fee Simple |
| Rent/SF
$15.19
| Increases 2.0%/1/yrs | Pop 5Mi 55,582 |
| Lot/AC 0.62 | Options 2/5yrs/2% | AHHI 5Mi $51,193 |
| | |
This Advance Financial property is part of a 5-unit portfolio comprised of locations in Alcoa, Sparta, Kingsport, Manchester, and Portland, Tennessee. All of the properties feature outstanding visibility and frontage along primary commercial corridors and offer convenient access to the local communities. Characteristically situated near “Main & Main” locations, the properties are in close...
...Signalized intersection
Hard corner intersection
Dense retail corridor
Near major nationals
Strategically located
Highway location
Income tax free state
Absolute NNN
Annual rent increases
Corporate Guarantee
Advance Financial is a financial services company that primarily offers short-term lending and other financial products to consumers. The company’s offerings include cash loans and other services...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 3,919 | 38,859 | 66,475 |
| 2023 Total Population : | 3,961 | 38,718 | 66,340 |
| 2023 Employed Civilian Pop : | 1,400 | 14,106 | 25,297 |
| 2023 Total Businesses : | 344 | 1,881 | 2,443 |
| 2023 Average Household Income : | $ 63,336 | $ 66,847 | $ 74,793 |
| 2023 Total Consumer Spending : | $ 94 M | $ 1009 M | $ 1912 M |
| 2023 Median Age : | 50 | 46 | 47 |
| 2023 Total Households : | 1,731 | 17,136 | 29,143 |
| 2023 Pop Age 25+: Bachelor's Degree : | 582 | 4,571 | 8,717 |
| 2023 Average Home Value : | $ 263,276 | $ 205,895 | $ 222,233 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| East Stone Drive | Waterman Rd | 2022 | 30,101 | 0.61 mi |
| US 11W | Waterman Rd | 2021 | 29,540 | 0.61 mi |
| Arbutus Avenue | Delrose St | 2022 | 1,027 | 0.84 mi |
| North Eastman Road | Ryder Dr | 2022 | 22,402 | 0.86 mi |
| SR 36;SR 126 | Summer St | 2021 | 17,590 | 0.98 mi |
| East Center Street | Commerce St | 2022 | 18,006 | 0.98 mi |
| E Stone Dr | Indian Rd | 2003 | 35,220 | 0.98 mi |
| E. CENTER ST. | Summer St | 2020 | 16,031 | 0.98 mi |
| East Stone Drive | Indian Rd | 2022 | 31,499 | 1.02 mi |
| East Center Street | PkSt | 2022 | 11,753 | 1.03 mi |
Rockport, IN
Cap Rate 8.00%
Lease Abs NNN
R. Term 3.20 yrs
Size/SF 4,600
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
