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Miscellaneous

Absolute Net Advanced Financial

416 US-51, Covington, TN 38019

Listing Price: $1,354,609

Cap Rate
7.51%
Tenant Name
Advanced Financial
Years Remaining On Lease
4.1
Gross SF
3,552
Guarantor
Corporate Guarantee
Rentable SF
3,552
Price/Gross SF
$381.37
Lease Type
Absolute Net
Rent Per Square Feet
$28.62

Investment Overview

Marcus and Millichap is proud to present this Covington, TN Advanced Financial opportunity located right off of highway 51 . This Absolute Net property is perfect for an investor who wants to place their money in a solid return yielding asset with an evolving/progressive tenant, Advanced Financial. With 5 years remaining on the lease and (2) 5-year options remaining, this makes for a great passive investment. The property sits right off of highway 51, which attracts more than 20k vehicles per day. The property is surrounded by well-known retail and hospitality businesses, such as Walmart Supercenter, McDonald’s, Wendy’s, Subway, Save A-Lot, Holiday Inn, and Quality Inn suites.

Investment Highlights

  • 20,000 VPD Traffic count
  • Absolute net deal, zero landlord responsibility
  • Directly down the street from a Walmart supercenter
  • in Opportunity Zone

Exclusively Listed By

Financing By

Miscellaneous

Absolute Net Advanced Financial

Listing Price: $1,354,609

Cap Rate
7.51%
Tenant Name
Advanced Financial
Years Remaining On Lease
4.1
Gross SF
3,552
Guarantor
Corporate Guarantee
Rentable SF
3,552
Price/Gross SF
$381.37
Lease Type
Absolute Net
Rent Per Square Feet
$28.62

Investment Highlights

  • 20,000 VPD Traffic count
  • Absolute net deal, zero landlord responsibility
  • Directly down the street from a Walmart supercenter
  • in Opportunity Zone

Investment Overview

Marcus and Millichap is proud to present this Covington, TN Advanced Financial opportunity located right off of highway 51 . This Absolute Net property is perfect for an investor who wants to place their money in a solid return yielding asset with an evolving/progressive tenant, Advanced Financial. With 5 years remaining on the lease and (2) 5-year options remaining, this makes for a great passive investment. The property sits right off of highway 51, which attracts more than 20k vehicles per day. The property is surrounded by well-known retail and hospitality businesses, such as Walmart Supercenter, McDonald’s, Wendy’s, Subway, Save A-Lot, Holiday Inn, and Quality Inn suites.

Exclusively Listed By

Financing By

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