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| Price $995,566 | Built/Renov 1991 | Tenant Advance Financial |
| Cap Rate 8.75% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
2,600
| Lease Start
06-01-2017
| #Units
105
|
| Price/SF $382.91 | Expiration
05-31-2028
| Tenant Type Bank/Financial |
| NOI $87,112 | R. Term 3.8 | Ownership Fee Simple |
| Rent/SF
$33.50
| Increases 10.0%/5/yrs | Pop 5Mi 23,549 |
| Lot/AC 0.30 | Options 3/5yrs/10% | AHHI 5Mi $62,276 |
| | |
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...
...Hard corner intersection
Dense retail corridor
Near major nationals
Strategically located
Freeway close
Highway location
Income tax free state
Absolute NNN
Corporate Guarantee
Over 100 Units backed
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 : | 2,408 | 7,927 | 12,065 |
| 2023 Total Population : | 2,418 | 7,964 | 12,062 |
| 2023 Employed Civilian Pop : | 948 | 2,892 | 4,471 |
| 2023 Total Businesses : | 249 | 458 | 498 |
| 2023 Average Household Income : | $ 60,933 | $ 59,069 | $ 63,134 |
| 2023 Total Consumer Spending : | $ 53 M | $ 171 M | $ 274 M |
| 2023 Median Age : | 45 | 44 | 44 |
| 2023 Total Households : | 975 | 3,228 | 4,844 |
| 2023 Pop Age 25+: Bachelor's Degree : | 169 | 549 | 836 |
| 2023 Average Home Value : | $ 217,308 | $ 212,749 | $ 216,480 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Mayberry Street | Love St | 2022 | 7,010 | 0.07 mi |
| SR 1 | W Bockman Way | 2021 | 5,840 | 0.07 mi |
| W Bockman Way | Cook St | 2003 | 15,980 | 0.28 mi |
| Spring Street | Polk St | 2022 | 8,807 | 0.35 mi |
| West Bockman Way | N Carter St | 2022 | 13,065 | 0.44 mi |
| West Bockman Way | Masonic Dr | 2022 | 15,238 | 0.54 mi |
| US 70 | N Carter St | 2021 | 12,283 | 0.54 mi |
| Spring St | Breeding Dr | 2003 | 8,440 | 0.55 mi |
| North Church Street | Nassau St | 2022 | 800 | 0.65 mi |
| Spencer Highway | Auto Ln | 2022 | 15,039 | 0.65 mi |
Loogootee, IN
Cap Rate 8.31%
Lease Abs NNN
R. Term 3.20 yrs
Size/SF 1,452
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
