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Goodwill & AT&T Cell Tower

2039 W Guadalupe Rd, Mesa, AZ 85202

Listing Price: $5,571,000

Cap Rate
6.75%
Tenant Name
Goodwill / New Cingular Wireless PCS
Years Remaining On Lease
4.9
Gross SF
32,398
Guarantor
Corporate Guarantee
Rentable SF
32,398
Price/Gross SF
$171.96
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$11.61

Investment Overview

Goodwill is an American nonprofit organization that provides job training, employment placement services and other community-based programs supported by its network of donated-goods retail stores. AT&T (NYSE: T) is the world’s largest telecommunications company and the largest provider of mobile telephone services in the U.S.

Mesa is the third largest city in Arizona, after Phoenix and Tucson, and the 38th largest city in the U.S. It is home to numerous higher education facilities, including the Polytechnic campus of Arizona State University. The city’s top employers include Banner Health, Boeing, Walmart, Fry’s Food & Drug, and The Home Depot.

Investment Highlights

  • Corporate Goodwill Guaranty with Five-Years Remaining on the Primary Lease Term
  • Long-Term AT&T Cell Tower Income with Over 23 Years Remaining on the Primary Lease Term and Annual Rental Increases
  • Top Performing Site-Subject Property is in the Top Nine Percent of Goodwill Locations in the United States per Placer.ai
  • Nearly 430,000 Residents within Five-Miles in the Densely Populated Phoenix MSA
  • Prominent Position at West Guadalupe Road and South Dobson Road, Accessible by More Than 41,000 Vehicles per Day
  • Down the Road from Dobson High School with Approximately 2,285 Students
  • Affluent Surrounding Demographics with Average Household Income Exceeding $112,000
  • Minutes from Arizona State University Research Park, a Major Employment Hub with More Than 6,000 Employees Across 50 Corporate Tenant Companies

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

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Goodwill & AT&T Cell Tower

Listing Price: $5,571,000

Cap Rate
6.75%
Tenant Name
Goodwill / New Cingular Wireless PCS
Years Remaining On Lease
4.9
Gross SF
32,398
Guarantor
Corporate Guarantee
Rentable SF
32,398
Price/Gross SF
$171.96
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$11.61

Investment Highlights

  • Corporate Goodwill Guaranty with Five-Years Remaining on the Primary Lease Term
  • Long-Term AT&T Cell Tower Income with Over 23 Years Remaining on the Primary Lease Term and Annual Rental Increases
  • Top Performing Site-Subject Property is in the Top Nine Percent of Goodwill Locations in the United States per Placer.ai
  • Nearly 430,000 Residents within Five-Miles in the Densely Populated Phoenix MSA
  • Prominent Position at West Guadalupe Road and South Dobson Road, Accessible by More Than 41,000 Vehicles per Day
  • Down the Road from Dobson High School with Approximately 2,285 Students
  • Affluent Surrounding Demographics with Average Household Income Exceeding $112,000
  • Minutes from Arizona State University Research Park, a Major Employment Hub with More Than 6,000 Employees Across 50 Corporate Tenant Companies

Investment Overview

Goodwill is an American nonprofit organization that provides job training, employment placement services and other community-based programs supported by its network of donated-goods retail stores. AT&T (NYSE: T) is the world’s largest telecommunications company and the largest provider of mobile telephone services in the U.S. Mesa is the third largest city in Arizona, after Phoenix and Tucson, and the 38th largest city in the U.S. It is home to numerous higher education facilities, including the Polytechnic campus of Arizona State University. The city’s top employers include Banner Health, Boeing, Walmart, Fry’s Food & Drug, and The Home Depot.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

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