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2480 N Central Ave 1,500 SF Retail Building Humboldt, TN 38343 $1,462,195 CAD ($974.80 CAD/SF) 8% Cap Rate
Executive Summary
Advanced Financial in Humboldt, TN | 8% Cap Absolute Net Lease
Priced to Sell! 8% Cap Absolute Net Lease
Advance Financial was founded in 1996 in Nashville, Tennessee, by husband-and-wife team Mike and Tina Hodges. Since then, the company has expanded to nearly 100 locations and grown its workforce to more than 1,000 employees. In recent years, Advance Financial has broadened its reach by offering online lending services in over 22 states, extending its impact well beyond its physical storefronts. The company has also earned national recognition, securing a place on the Inc. 5000 list of the fastest-growing companies for eight consecutive years.
7 years remaining on 11 year lease
NOI: $84,120.00 with 2% annual increases
Absolute Net Lease
Strong Tenant with 100+ locations across Tennessee
Stabilized location with 10 years of operation
Priced to Sell! 8% Cap Absolute Net Lease
Advance Financial was founded in 1996 in Nashville, Tennessee, by husband-and-wife team Mike and Tina Hodges. Since then, the company has expanded to nearly 100 locations and grown its workforce to more than 1,000 employees. In recent years, Advance Financial has broadened its reach by offering online lending services in over 22 states, extending its impact well beyond its physical storefronts. The company has also earned national recognition, securing a place on the Inc. 5000 list of the fastest-growing companies for eight consecutive years.
7 years remaining on 11 year lease
NOI: $84,120.00 with 2% annual increases
Absolute Net Lease
Strong Tenant with 100+ locations across Tennessee
Stabilized location with 10 years of operation
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
1,500 SF
Building Class
B
Year Built
2018
Price
$1,462,195 CAD
Price Per SF
$974.80 CAD
Cap Rate
8%
NOI
$116,976 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.88 AC
Opportunity Zone
Yes
Zoning
C - Zoned for commercial use
Frontage
Amenities
- Dedicated Turn Lane
- Signalized Intersection
- Air Conditioning
- Smoke Detector
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 2,303 SF
- Restaurant
- Outparcel
- 60 Days
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,303 SF | Restaurant | Outparcel | 60 Days |
1st Floor
| Size |
| 2,303 SF |
| Space Use |
| Restaurant |
| Position |
| Outparcel |
| Available |
| 60 Days |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 165J-G-030.02 | Improvements Assessment | $201,189 CAD |
| Land Assessment | $58,404 CAD | Total Assessment | $259,593 CAD |
Property Taxes
Parcel Number
165J-G-030.02
Land Assessment
$58,404 CAD
Improvements Assessment
$201,189 CAD
Total Assessment
$259,593 CAD
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2480 N Central Ave
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