163 Commons Dr - Storefront Retail/Office FOR SALE
Martin, TN 38237 |
$1,300,000 USD
737-295-0075
163 Commons Dr
Martin, TN 38237
HIGHLIGHTS
- Zero Landlord Responsibilities in This Absolute NNN Lease
- 9 Years Remain on a Corporately Backed Lease (Guarantor: Harpeth Financial Services)
- National Retailers Located Nearby: (McDonald's, CVS, Taco Bell, Pizza Hut, Burger King, Verizon, O’Reilly Auto Parts and Many More)
- Located Near University of Tennessee at Martin (7,500+ Enrolled - an 8% Increase Over Last Year)
- Lease Features Healthy Annual Rent Increases of 2%
- Financing Quote Available Through Our Capital Markets Team
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 1,500 SF Advance Financial Located at 163 Commons Drive in Martin, TN. This Deal Includes a Zero Landlord Responsibilities in This Absolute NNN Lease and 9 Years Remaining on a Corporately Backed Lease (Guarantor: Harpeth Financial Services), Providing For a Secured Investment.
In Cooperation With Sands Investment Group Tennessee, LLC - Lic. #263973 BoR: Tom Gorman - Lic. TN #370394
FOR SALE DETAILS
PRICE
$1,300,000 USD
PRICE/SF
$867 USD /SF
CAP RATE
8.23%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Advance Financial - Martin, TN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Office
ADD'L SUBTYPES
Bank, Storefront, Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2018
SPRINKLERS
-
PARKING SPACES
16
LAND DETAILS
LAND ACRES
0.88 AC
LAND SF
38,333 SF
ZONING
CS
APN/PARCEL ID
092073 04323
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737-295-0075
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737-295-0075
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