For Sale

T-Mobile | Huntsville MSA, AL

Asking Price: $1,470,000 | Cap Rate: 6.75%

  • Net Operating Income: $99,020
  • Weighted Avg. Lease Term (WALT): 9.6 Years
  • Lease Type: Net

Property Highlights

  • Leased to T-Mobile on a new 10-year net-lease; very minimal landlord responsibilities
  • New construction; building was completed in Q4 of 2022
  • Corporately guaranteed from national tenant; with over 20,100 locations nationwide; Investment grade tenant (S&P: BBB-)
  • Significant market growth; Huntsville was voted the #1 best place to live by U.S. News in 2022