INVESTMENT OFFERING
SAB Capital is pleased to present Advance Financial in Morristown, Tennessee, 39 miles Northeast of Knoxville. This is a part of a larger 12-unit Advance Financial portfolio, with each site being offered as a single-site investment or as a portfolio purchase with additional sites in the offering. The tenant will sign a brand new, 11-year lease at the close of escrow, exhibiting a long-term commitment to site. This new lease will have annual increases of 2% built in, serving as a hedge against inflation. Advance Financial has been recognized by several regional business journals and news outlets as one of the fastest growing companies based out of the Nashville metropolitan area.
- Advance Financial in Morristown, TN | 39 Miles Northeast of Knoxville
- Tenant Will Sign a New, 11-Year Lease at the Close of Escrow | Strong Commitment to Site
- Absolute Triple Net Lease (NNN) | Zero Landlord Responsibilities
- Annual Increases of 2% Built into the New Lease | Hedge Against Inflation
- Rising Population | 5% Increase Within 10 Miles Since 2010
- Corner Location | Visibility From Both South Liberty Hill Road and East Morris Boulevard
- Less Than One Mile From College Square Mall | 461K Square Foot Shopping Center With National Anchor Tenants
- Advance Financial Was Ranked #3 on Nashville Business Journal’s List of Fastest Growing Nashville Companies | Growing Credit With Strong Upside Potential
- National Retailers Located Nearby | Subway, McDonald’s, Tractor Supply, Harbor Freight, Domino’s, Wendy’s, Walgreens, Taco Bell, and Many Others
Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
---|---|---|---|---|---|
Advance Financial | $1,755,000 | % | Triple Net | Closed |