Electronics
T-Mobile | St. Louis MSA | 10% Rent Increases
567 12th St, Carlyle (St. Louis MSA), IL 62231
Listing Price: $1,050,000
Investment Overview
T-Mobile US, Inc. (NASDAQ: TMUS) is a major American telecommunications company headquartered in Bellevue, Washington, and is the second-largest wireless carrier in the United States by subscriber count.
Carlyle is a city in, and the county seat of, Clinton County, Illinois. Located approximately 50 miles east of St. Louis, Carlyle is home to Illinois’ largest man-made lake, Carlyle Lake, and to the General Dean Suspension Bridge, a suspension bridge that is the only one of its kind in Illinois.
Investment Highlights
- Over Seven Years Remaining on Lease Term with T-Mobile
- 10 Percent Rental Increases Every Five Years with Multiple Renewal Options - Cap Rate Increases to 8.42% in 2028
- T-Mobile (NASDAQ: TMUS) is the Second-Largest Wireless Carrier in the U.S. with Approximately 6,650 Retail Stores
- Signalized Hard Corner Location with 18,000 Plus Cars per Day at the Intersection of Franklin Street and 12th Street
- Average Household Income Exceeds $102,000 within a 10-Mile Radius
- Immediate Access to Lake Carlyle, Home to Numerous Campgrounds and Outdoor Recreation
- Close Proximity to National Retailers: Walmart Supercenter, Tractor Supply Co, McDonald's, Dollar General, CVS, and More
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Managing Director, Market Leader - Chicago
Financing By
Electronics
T-Mobile | St. Louis MSA | 10% Rent Increases
Listing Price: $1,050,000
Investment Highlights
- Over Seven Years Remaining on Lease Term with T-Mobile
- 10 Percent Rental Increases Every Five Years with Multiple Renewal Options - Cap Rate Increases to 8.42% in 2028
- T-Mobile (NASDAQ: TMUS) is the Second-Largest Wireless Carrier in the U.S. with Approximately 6,650 Retail Stores
- Signalized Hard Corner Location with 18,000 Plus Cars per Day at the Intersection of Franklin Street and 12th Street
- Average Household Income Exceeds $102,000 within a 10-Mile Radius
- Immediate Access to Lake Carlyle, Home to Numerous Campgrounds and Outdoor Recreation
- Close Proximity to National Retailers: Walmart Supercenter, Tractor Supply Co, McDonald's, Dollar General, CVS, and More
Investment Overview
T-Mobile US, Inc. (NASDAQ: TMUS) is a major American telecommunications company headquartered in Bellevue, Washington, and is the second-largest wireless carrier in the United States by subscriber count. Carlyle is a city in, and the county seat of, Clinton County, Illinois. Located approximately 50 miles east of St. Louis, Carlyle is home to Illinois’ largest man-made lake, Carlyle Lake, and to the General Dean Suspension Bridge, a suspension bridge that is the only one of its kind in Illinois.
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Managing Director, Market Leader - Chicago
Financing By