Investment Overview

NEWLY RENOVATED 2023 T-MOBILE • The subject property is a 2,000 SF T-Mobile that is currently under construction and will be delivering in June 2023. • Renovations include a new roof & HVAC and repaving of the parking lot and landscaping. • The roof will also come with a 10 Year Roof Warranty. LIMITED COMPETITION • This is the only telecommunications store in Blackshear and is the only T-Mobile within 11 miles. BLACKSHEAR • Blackshear is located in the Southeast corner of Georgia about 1 hour west of the Golden Isles (Coastal GA) and about 75 miles north of Jacksonville, FL. • The subject property is located on Hwy 84 (15,700 VPD) and is directly across the street from a DG Market. • National Retailers in Blackshear include Ace Hardware, McDonalds, O’Reilly Auto Parts, Piggly Wiggly, Burger King, Advance Auto Parts, and more. • Waycross, GA is only 10 minutes from the property and is home to the largest CSX computerized rail yard on the East Coast and is the center of all rail traffic in the Southeast. • Southeast GA experiences major economic growth due to its excellent access to the ports, railroads, and interstates. It is also home to over 18 colleges and universities. NEW 10-YEAR NN CORPORATE LEASE • Brand new 10-year corporate guaranteed NN Lease with T-Mobile. • There are 10% rent increases every 5 Years in the initial term of the lease and in each of the two, 5-Year Option Periods. • Tenant is responsible for taxes. Insurance, HVAC, and Utilities. The Tenant Reimburses for Taxes and Insurance. • There are limited Landlord responsibilities which include Roof, Structure and Parking Lot. • Renovations include a new roof & HVAC and repaving of the parking lot and landscaping. • The roof will also come with a 10 Year Roof Warranty. INVESTMENT GRADE TENANT (S&P: BBB+) • T-Mobile is publicly traded (NASDAQ: TMUS) and has an investment grade credit rating (S&P: BBB+) • T-Mobile is the second largest wireless carrier in the US with over 104 million users. • T-Mobile currently operates over 16,000 stores and has an annual revenue of over $79 billion.