Property History
• The tenant, T-Mobile South, LLC, recently signed a brand-new 10-Year lease with 3 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 10% rental increases every 5 years, generating additional NOI and hedging against inflation
• The lease is corporate signed by T-Mobile (NASDAQ: TMUS)
• Tenant reimburses for CAM, taxes, and insurance
• Limited landlord responsibilities
• Ideal, low-management investment for a passive investor
• T-Mobile is strategically positioned along S Siwell road (22,000 VPD), and across the street from Walmart Supercenter
• S. Siwell Road is the primary retail corridor of Byram, MS, featuring multiple newly constructed retail projects including Raising Canes and Starbucks
Other nearby national/credit tenants include Walgreens, Planet Fitness, Goodwill, Autozone, Dollar Tree, and more
Strong surrounding tenant synergy increases consumer draw to the immediate trade area and promotes crossover exposure for the site
The property features nearby direct on/off ramp access to Interstate 55
(52,000 VPD), a major north-south commuter highway that connects Byram to the rest of the Jackson MSA
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Property Details
Contacts
Map
Comparable Properties
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