T-Mobile | Huntsville MSA, AL
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