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                                                                    Exhibit 10.9

National Financial Services LLC

[FIDELITY INVESTMENTS LOGO]


                                                                       3/17/2005

Advisors REIT I Inc.
Attn:  Jim Fritzemeier
8301 E. 21st Street North
Suite 230
Wichita, KS  67206

To Whom It May Concern:

In hopes of reaching a mutual agreement for National Financial Services LLC
(NFS) to Advisors REIT I, Inc., we have compiled a series of requirements, which
we ask all of our Managers to commit to, prior to establishing a relationship.
It is essential that Advisors REIT I Inc. agree to meet all of these terms to
ensure NFS's operational, compliance and reporting requirements are satisfied.

Our point of contact at Advisors REIT I Inc. is Jim Fritzemeier, President, who
may be reached at (316) 682-9398.

The President affirms
         a)   That the REIT securities constituting Promotional Shares (as
              hereafter defined) are exempt from registration, or any subsequent
              sale of securities by Advisors REIT I, INC. if required to be
              registered, will be registered before their offer or sale with the
              Securities & Exchange Commission pursuant to Securities Act of
              1933; and
         b)   That, with the exception of those shares of common stock to be
              listed under "Principal Stockholders" in the to-be-filed Form S-11
              Registration Statement (the "Promotional Shares")and sold on or
              before March , the REIT securities are being held in book-entry
              form by each of the investment advisors in the name of NFS for
              benefit of its customer(s); and
         c)   That the REIT securities are not subject to any right, charge,
              lien, or claim of any kind in favor of the President or any person
              claiming through the President, it being understood that the
              Promotional Shares will most likely be certificated and placed in
              escrow with a state securities commissioner; and
         d)   The President shall inform NFS, if the REIT experiences
              substantial problems of an operational nature, which may endanger
              the REIT securities of NFS customer(s).

Upon the initial re-registration of the securities, into the name of NFS for the
benefit of any NFS customer, NFS will receive a letter of confirmation for each
purchase or transfer. The confirmation letter or certificate will include the
customer name, date of settlement, NFS Account number, name of REIT and number
of shares held.

Advisors REIT I shall cause its transfer agent to provide NFS an aggregate
position statement, as frequently as good business practice requires but no less
than once per month. This position statement will provide NFS with a listing of
all NFS Custodial accounts holding Advisors REIT I Inc. securities, and will
contain at least the statement date, REIT description, NFS customer account
number, customer name, customer Social Security number, and number of securities
held.

In the event of a purchase, sale or transfer (custodial re-registration), NFS's
signature/authorization will be required by Advisors REIT I Inc. prior to
effecting the change. This is done to ensure that NFS maintains positive control
of accounts which we are acting as custodian.

Our vendor Robert A. Stanger supplies Limited Partnership and REIT pricing data
to NFS annually. Stanger will be contacting you annually to supply them with the
REITs' estimated value, and by what means this value was based on. Advisors REIT
I Inc. agrees to provide our pricing vendor with this information.


National Financial       200 Liberty Street - NY5D5, One World Financial Center
Services LLC              New York, NY 10281-1003
Member NYSE/SIPC

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Advisors REIT I Inc. affirms that all REITs covered by this agreement are
subject to IRS Form 1099 reporting and acknowledge such reporting will be
provided to the beneficial owners by NFS LLC.

Any inability to meet one of the stated requirements may bar the respective REIT
from being designated eligible for NFS accounts and will most likely result in a
termination of our agreement.

The Alternative Investment Department and NFS as a whole, prides' itself on its
superior customer service. Please do not hesitate to call me at (212) 335-5945
with any issues, concerns, or urgent customer needs.

Sincerely,


Melissa Goldsmith
Alternative Investment Department
(212) 335-5945


The undersigned agrees to meet all of these requirements.

Jim Fritzemeier
 President Advisors REIT I, INC.


James L. Fritzemeier /s/ President
----------------------------------
Signature (On Behalf of Advisors REIT I Inc.)


National Financial       200 Liberty Street - NY5D5, One World Financial Center
Services LLC              New York, NY 10281-1003
Member NYSE/SIPC

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LIMITED PARTNERSHIP DEPARTMENT CONTACT INFORMATION
Main Phone #:    866-768-2300
Fax:             508-229-9523

<Table>
NAME                POSITION         PHONE               EMAIL
<S>                 <C>              <C>                 <C>
Myra Lofranco       Trading Rep.     866-768-2300 x5733  Myra.M.Lofranco@fmr.com
Nazam Sattaur       Section Manager  212-335-5492        Nazam.Sattaur@fmr.com
Glen Luke           Section Manager  212-335-5484        Glenford.Luke@fmr.com
Russ Lennon         Director         212-335-5492        Russ.Lennon@fmr.com
</Table>

Mailing Address:
National Financial Services
One World Financial Center
200 Liberty Street
New York, NY 10281
ATTN: Limited Partnerships/Myra Lofranco
Mail Zone: NY5D5

Please email statements and capital call notices to Myra Lofranco and Nazam
Sattaur.


National Financial       200 Liberty Street - NY5D5, One World Financial Center
Services LLC              New York, NY 10281-1003
Member NYSE/SIPC