Listed by Stream Capital Partners Birmingham, Stream Capital Partners
$2,082,000
The Peach Cobbler Factory & T-Mobile
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 4,485
Cap Rate 7%
NOI $145,740
Occupancy 100%
Tenancy Multi
Brand/Tenant Verizon Wireless, t mobile
Lease Type NN
Rent Bumps Yes
Lease Options See OM
Class A
Year Built 2023
Buildings 1
Acreage 1.000
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Corporate T-Mobile I Birmingham, AL MSA
Marketing description
Experienced Operators: T-Mobile currently operates 7,500 retail stores nationwide. The Peach Cobbler Factory operates over 100 retail stores across 19 states and are expanding rapidly.
Investment highlights
Brand New Lease with Minimal Landlord Responsibilities: Brand new construction 10 year NN lease with options to extend providing passive ownership opportunity.
Well Positioned: Situated just off exit 156 on I- 59 which has a traffic count of over 30,000 VPD.
Affluent Area: The average household income within a 1 mile radius is $87,500.
Retail Dense Location: Located near other national tenants such as Walmart, Waffle House, Taco Bell, Zaxby’s Burger King, and Fresh Market
Listing Contacts
Listed by Stream Capital Partners Birmingham, Stream Capital Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$145,740.00
$12,145.00/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
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