loader
Join Free
Views: 88 DOM: 621 Updated: 10.30.24 Posted: 04.10.23 Status: Active

Summary

Price $1,774,000
Built/Renov 1980/2012
Tenant T-Mobile
Cap Rate 8.00%
Lease Type NN+
Guarantor Corp T and Rated
Size/SF 2,860
Lease Start 11-15-2012
#Units 7,994
Price/SF $620.28
Expiration 11-30-2027
Tenant Type Tel/Cell
NOI $141,893
R. Term 2.11
Ownership Fee Simple
Rent/SF $49.61
Increases 0.0%/0/yrs
Pop 5Mi 348,245
Lot/AC 0.41
Options 0/0yrs
AHHI 5Mi $77,768

Lease Highlights

  • T-Mobile has been operating in this location since 2012
  • Lease has 3+ years remaining with no options to extend
  • Rare T-Mobile lease where the tenant self maintains the property while paying the tax bill and also a 3% property management fee directly to the landlord
  • Favorable NN+ lease with landlord responsible for roof and structure
  • Corporate guarantee by T-Mobile US Inc (NASDAQ: TMUS)

Location Description

This T-mobile is strategically located at the corner of S Kingshighway Boulevard and Tholozan Avenue with access to 31,500 vehicles per day. The site is located along the primary north/south thoroughfare serving the city of St. Louis. National/credit tenants in the area include AutoZone, Dollar Tree, Planet Fitness, Starbucks, The Home Depot and many more. The site is also within close...

...

Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: T-Mobile
  • Guarantor:Corp T and Rated
  • Company:T-Mobile US Inc
  • # Units:7,994
  • Tenant S&P: BBB
  • Moody’s: Baa2
  • Stock: NASDAQ: TMUS

About Tenant

T-Mobile (NASDAQ: TMUS) is the brand name used by some of the mobile communications subsidiaries of the German telecommunications company Deutsche Telekom. The company provides mobile wireless...


...

Traffic

Collection Street Cross Street Year Traffic Vol Distance
S Kingshighway Blvd Tholozan Ave 2018 14,440 0.04 mi
Pernod Ave Lawn Ave 2009 1,630 0.07 mi
Oleatha Ave Lawn Ave 2002 4,688 0.12 mi
S Kingshighway Blvd Oleatha Ave 2013 29,828 0.14 mi
Chippewa St S Kingshighway Blvd 2005 16,367 0.21 mi
South Kingshighway Boulevard Fairview Ave 2018 19,799 0.22 mi
Chippewa St Lawn Ave 2010 19,178 0.25 mi
S Kingshighway Blvd Chippewa St 2002 21,746 0.26 mi
Chippewa St Alfred Ave 2019 16,504 0.30 mi
Chippewa St Alfred Ave 2013 15,923 0.36 mi

Listing Broker

Loading...
Disclaimer & Confidentiality
All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT

GET IN TOUCH

my activity