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Electronics

AT&T

621 Greenville Blvd SE, Greenville, NC 27858

Listing Price: $2,831,000

Cap Rate
6.50%
Tenant Name
AT&T
Years Remaining On Lease
5.4
Gross SF
4,000
Guarantor
Subsidiary of a Corporation
Rentable SF
4,000
Price/Gross SF
$707.75
Lease Type
Double Net
Rent Per Square Feet
$46.00

Investment Overview

Marcus & Millichap is pleased to present for sale, AT&T located in Greenville, North Carolina. This corporate AT&T has a double-net lease with five and five years remaining. They just extended their original 10-year lease for five years showing strong commitment to the location. AT&T is being offered for $2,831,000.

Investment Highlights

  • Corporate AT&T Double-Net Lease with Five and a Half Years Remaining in Greenville, North Carolina
  • Generational Opportunity – Extremely High Quality Site
  • High Visibility, Hard Corner Real Estate at the One of the Busiest Intersections in the Market with 59,000 Vehicles per Day
  • Rare Corporate Lease/Corporately-Run Store – AT&T Inc. has a $203 Billion Market Cap
  • AT&T Just Extended Original 10-Year Lease for Five Years Showing Strong Commitment to the Location
  • Rapidly Growing Coastal/Sunbelt Market – Greenville MSA Saw Impressive 13.2 Percent Population Growth in the Past Decade (Over 110,000 Residents)
  • Ideal Access and Site Layout – Direct Ingress and Egress to Both Major Five-Lane Roads with Shallow Parking Field and Minimal Setbacks Which Provide Superior Access, Visibility, and Plenty of Parking
  • Double-Net Structure with Minimal Landlord Responsibilities – Roof, Structure, and Major Parking Lot/HVAC Replacement Only

Exclusively Listed By

Broker of Record

  • Donald Gilchrist

    Senior Associate

    (919) 674-1104

    License(s) NC: 241055

    North Carolina

Listing Price: $2,831,000

Cap Rate
6.50%
Tenant Name
AT&T
Years Remaining On Lease
5.4
Gross SF
4,000
Guarantor
Subsidiary of a Corporation
Rentable SF
4,000
Price/Gross SF
$707.75
Lease Type
Double Net
Rent Per Square Feet
$46.00

Investment Highlights

  • Corporate AT&T Double-Net Lease with Five and a Half Years Remaining in Greenville, North Carolina
  • Generational Opportunity – Extremely High Quality Site
  • High Visibility, Hard Corner Real Estate at the One of the Busiest Intersections in the Market with 59,000 Vehicles per Day
  • Rare Corporate Lease/Corporately-Run Store – AT&T Inc. has a $203 Billion Market Cap
  • AT&T Just Extended Original 10-Year Lease for Five Years Showing Strong Commitment to the Location
  • Rapidly Growing Coastal/Sunbelt Market – Greenville MSA Saw Impressive 13.2 Percent Population Growth in the Past Decade (Over 110,000 Residents)
  • Ideal Access and Site Layout – Direct Ingress and Egress to Both Major Five-Lane Roads with Shallow Parking Field and Minimal Setbacks Which Provide Superior Access, Visibility, and Plenty of Parking
  • Double-Net Structure with Minimal Landlord Responsibilities – Roof, Structure, and Major Parking Lot/HVAC Replacement Only

Investment Overview

Marcus & Millichap is pleased to present for sale, AT&T located in Greenville, North Carolina. This corporate AT&T has a double-net lease with five and five years remaining. They just extended their original 10-year lease for five years showing strong commitment to the location. AT&T is being offered for $2,831,000.

Exclusively Listed By

Broker of Record

  • Donald Gilchrist

    Senior Associate

    (919) 674-1104

    License(s): NC: 241055

    North Carolina

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