163 Commons Dr
Martin, TN 38237
Advance Financial 24/7 · Retail Property For Sale

PROPERTY FACTS
- Storefront Retail/Office
- Showroom
- Office Medical
- General Retail Health Club
ABOUT 163 COMMONS DR , MARTIN, TN 38237
Located near a lighted intersection and close to University of Tennessee at Martin, this property boasts of new construction in 2018 and is currently occupied by a stable, high-growth tenant. The property is operating under an absolute NNN, 11-year lease, which resets upon purchase and sale and includes two, 5-year options to renew. The lease features attractive rental increases of 2% every year during the base term, and has current annual rent of $96,955. The tenant, Advance Financial 24/7, is the fastest-growing small-dollar loan financial services company in Tennessee and one of the leading companies nationwide within its industry. Founded in 1996, the Nashville-based company has grown to operate 108 locations and employs more than 1,200 representatives throughout Tennessee. For more information, visit www.af247.com.
PROPERTY TAXES
Parcel Number | 092073 04323 | Improvements Assessment | $185,080 |
Land Assessment | $120,000 | Total Assessment | $305,080 |
Listing ID: 15800576
Date on Market: 4/22/2019
Last Updated:
Address: 163 Commons Dr, Martin, TN 38237
The Retail Property at 163 Commons Dr, Martin, TN 38237 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.