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Electronics

AT&T

2992 Towne Blvd, Middletown, OH 45044

Listing Price: $1,240,000

Cap Rate
7.00%
Tenant Name
AT&T
Years Remaining On Lease
0.7
Gross SF
3,200
Guarantor
No Guarantee
Rentable SF
3,200
Price/Gross SF
$387.50
Lease Type
Double Net
Rent Per Square Feet
$27.12

Investment Overview

Walmart-Shadowed AT&T NN Lease in Cincinnati MSA. 65’x50’ Outparcel Building on 0.69-Acre Lot with Strong Visibility & Minimal Setback. Located Off Main Entry to Walmart with 30 Parking Spaces & Two Points of Ingress/Egress. Situated Amongst Middletown’s Primary Retail Corridor with Lowe’s, Kroger Marketplace, Meijer, Kohl’s, Burlington, Planet Fitness, Aldi, Gabe’s, Staples and More.

Investment Highlights

  • Walmart-Shadowed AT&T NN Lease in Cincinnati MSA
  • Walmart is #1 Traffic Generating Destination in the Market: 1.3M in T12 Customer Visits (Placer.ai)
  • 0.6-Mile to I-75 Exit Ramps (I-75 = 109,700 VPD)
  • Operated by Cellular World – AT&T Authorized Retailer (32 Years, 117 Stores in 17 States)
  • Minimal Landlord Responsibilities – Roof/Structure
  • Favorable CAM Language – 7% Admin Fee on CAM Allowable
  • No Local AT&T Competition – Nearest AT&T Stores are 15- 20 Minutes Away (2 of 4 Next Nearest Stores are Owned by Same Authorized Retailer – Cellular World)
  • Located Off Main Entry to Walmart with 30 Parking Spaces & Two Points of Ingress/Egress

Exclusively Listed By

Financing By

Listing Price: $1,240,000

Cap Rate
7.00%
Tenant Name
AT&T
Years Remaining On Lease
0.7
Gross SF
3,200
Guarantor
No Guarantee
Rentable SF
3,200
Price/Gross SF
$387.50
Lease Type
Double Net
Rent Per Square Feet
$27.12

Investment Highlights

  • Walmart-Shadowed AT&T NN Lease in Cincinnati MSA
  • Walmart is #1 Traffic Generating Destination in the Market: 1.3M in T12 Customer Visits (Placer.ai)
  • 0.6-Mile to I-75 Exit Ramps (I-75 = 109,700 VPD)
  • Operated by Cellular World – AT&T Authorized Retailer (32 Years, 117 Stores in 17 States)
  • Minimal Landlord Responsibilities – Roof/Structure
  • Favorable CAM Language – 7% Admin Fee on CAM Allowable
  • No Local AT&T Competition – Nearest AT&T Stores are 15- 20 Minutes Away (2 of 4 Next Nearest Stores are Owned by Same Authorized Retailer – Cellular World)
  • Located Off Main Entry to Walmart with 30 Parking Spaces & Two Points of Ingress/Egress

Investment Overview

Walmart-Shadowed AT&T NN Lease in Cincinnati MSA. 65’x50’ Outparcel Building on 0.69-Acre Lot with Strong Visibility & Minimal Setback. Located Off Main Entry to Walmart with 30 Parking Spaces & Two Points of Ingress/Egress. Situated Amongst Middletown’s Primary Retail Corridor with Lowe’s, Kroger Marketplace, Meijer, Kohl’s, Burlington, Planet Fitness, Aldi, Gabe’s, Staples and More.

Exclusively Listed By

Financing By

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