SAB Capital to Market $15M-Plus Net Lease Portfolio
The portfolio contains 12 newly-constructed Tennessee properties, each occupied by Advance Financial.
TENNESSEE – SAB Capital has been formally retained to market a $15.5 million net lease portfolio.
The 12-property portfolio consists of single-tenant, net lease assets situated throughout the Eastern and Western regions of Tennessee. Each of the newly-constructed properties are occupied by retail financial company, Advance Financial.
Aaron Baum and Dominic Padula of SAB Capital will spearhead the sale of the portfolio.
In marketing the portfolio, the team will offer investors the opportunity to acquire corporate guaranteed tenants in an income tax-free state. Investors will be able to purchase the assets as one-off investments or as a portfolio acquisition.
SAB Capital hopes to benefit from the influx of private investor capital that is currently entering small price point net lease assets.
Advance Financial, founded in 1996, is a family-owned and operated retail financial company with more than 90 locations throughout Tennessee. The financial center offers FLEX loans and services such as wire transfers, bill payments and unlimited free money orders.
SAB Capital is a national net lease investment real estate firm that specializes in net-leased, industrial and sale-leaseback property acquisitions and dispositions for clients.