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    163 Commons Dr Martin, TN

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    For Sale
    $1,300,000

    Absolute NNN lease with corporate backing and annual rent increases.

    Property size:
    1,500 SF
    Lot size:
    0.90 Acres

    Property Features for 163 Commons Dr

    General Information

    Size
    1,500 SF
    Lot size
    0.90 Acres

    Source: Sands Investment Group (SIG) - Corporate Agent Jess Kappelman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Advance Financial NNN Investment Opportunity

    This is a 1,500 square foot Advance Financial property located at 163 Commons Drive in Martin, TN. The property is offered for sale. The absolute NNN lease has zero landlord responsibilities. There are 9 years remaining on the corporately backed lease, with Harpeth Financial Services as the guarantor. The lease features annual rent increases of 2%. The property is located near the University of Tennessee at Martin, which has over 7,500 enrolled students, reflecting an 8% increase over the previous year. National retailers located nearby include McDonald’s, CVS, Taco Bell, Pizza Hut, Burger King, Verizon, and O’Reilly Auto Parts.
    Location Intelligence

    Current Use by Public Records

    Advance Financial Loan Agency Western Union Money Transfer Service Action 24/7 Betting Agency Bitstop Bitcoin ATM Crypto Atm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Martin
    County
    Weakley
    State
    Tennessee
    Longitude
    -88.8503379
    Latitude
    36.3433965

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    FAQs

    What type of property is this?
    Bank - Absolute NNN lease with corporate backing and annual rent increases.
    Where is this bank located?
    The property is located at 163 Commons Dr Martin, TN.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Absolute NNN Lease with Zero Landlord Responsibilities; - 9 Years Remaining on a Corporately Backed Lease (Guarantor: Harpeth Financial Services); - Healthy Annual Rent Increases of 2%
    (844) 474-4666
    Request Owner's contact information
    163 Commons Dr Martin, TN
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    Martin, TN
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    163 Commons Dr Martin, TN
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