INVESTMENT OFFERING
SAB Capital is pleased to present Advance Financial in Covington, TN, 35 miles northeast of Memphis. 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 Covington, TN | 35 Miles Northeast of Memphis
- 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
- Located on an Established Retail Corridor | 20,000 Vehicles Per Day (VPD)
- 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 : Dollar Tree, Little Caesars, Wendy’s, Popeyes, McDonald’s, Sonic, Subway, Walgreens, Taco Bell and Many More
Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
---|---|---|---|---|---|
Advance Financial | $1,450,000 | % | Triple Net | Closed |