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Corporate T-Mobile & Wienerschnitzel SLB 1013 W Pierce St 4,698 SF 100% Leased 4-Star Retail Building Carlsbad, NM 88220 $3,292,600 ($700.85/SF) 6.15% Cap Rate



Investment Highlights
- Rare, Absolute NNN Multi-Tenant
- Wienerschnitzel Sale-Leaseback
- Corporate T-Mobile
Executive Summary
° Income & Investment Stability w/ two streams of guaranteed rental income
° Rare, Absolute NNN two tenant Investment, zero landlord responsibilities
• Wienerschnitzel Sale-Leaseback Highlights
° Proven Multi-Unit Franchisee - Supported by a solid personal guarantee (broker can
provide further details).
° 20-year initial lease term with five 5-year options
° 10% increases every 5-Years & Options
° Top 10 Ranking Franchisee Operator in the System
• T-Mobile Highlights
° T-Mobile Corporate Location
° Currently #2 Largest Wireless Carrier in U.S.
° 6,000+ Retail Locations Nationwide
° $81.4 Billion Reported Revenue for
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Amenities
- Restaurant
- Signage
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
T-Mobile began in 1994 as VoiceStream Wireless, founded by John W. Stanton, before being acquired by Deutsche Telekom in 2001. The company pioneered the Un-carrier movement in 2013, challenging industry norms with customer-centric policies. Through strategic mergers with MetroPCS and Sprint, T-Mobile expanded its network capabilities and market presence. Today, the company provides nationwide wireless services including voice, messaging, data, and 5G connectivity for both consumers and businesses. T-Mobile also offers home internet solutions and continues pushing technological boundaries in telecommunications.
They are a family-owned company and they're going to keep it that way. They know that Wienerschnitzel holds a special place in the hearts of their fans, many who’ve grown up with them, and they're committed to serving up craveable food at a great value for many generations to come.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Information | 2,502 SF | $32.97 | Triple Net | May 2029 | |
|
Accommodation and Food Services | 2,196 SF | $54.64 | Triple Net | Dec 2045 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 4-156-126-494-309 | Improvements Assessment | $313,392 |
| Land Assessment | $47,016 | Total Assessment | $360,408 |
Property Taxes
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Company Not Provided
Corporate T-Mobile & Wienerschnitzel SLB | 1013 W Pierce St
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