TIC Investment Opportunity:12 South Place - 1518 Highway 12 South Ashland City, TN 37015

Property Information:

• Property Name: 12 South Place
• Rentable SqFt: ± 44,503.00
• Purchase Price: $6,870,000.00
• Price per SqFt: $154.37 /sqft
• Equity: $3,320,000.00
• Loan Amount: $3,550,000.00
• Loan-to-Value: 51.67%
• Percent Occupied: 99.68%
• Type: Single-story retail center

Property Description:
12 South Place is a highly visible and easily accessible retail center that is shadow anchored by a Wal-Mart Supercenter. The Property is located on Highway 12 South, which is a main thoroughfare in and out of Ashland City. This location provides the Property with high-level exposure, and is conveniently located with respect to employment centers and major roadways. Ashland City is 15 miles from Nashville and is part of the Metropolitan Statistical Area (MSA). The surrounding retail developments near the Property are experiencing average to above average levels of demand.

Top Tenants by Total Rent:
12 South Place is currently 99.68% occupied with 12 tenants. The noteworthy leaseholders include Dollar General, Movie Gallery, Aaron Rents, and H&R Block. Combined these four tenants occupy 45.28% of the net rentable square footage.

Please contact me for a full marketing brochure and further information regarding this investment.