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INVESTMENT HIGHLIGHTS
- Stand-alone building on a hard corner
- National credit tenant: Cricket Wireless
- Excellent condition
- High-visibility location at a busy intersection
- Lease in place through 9/30/2027 with 5 renewal options
EXECUTIVE SUMMARY
The 1,176 SF building is currently leased to Cricket Wireless, a well-established national brand, providing investors with immediate and reliable cash flow. The lease is active through September 30, 2027, with five (5) options to renew, offering long-term income stability and reduced rollover risk.
Constructed and maintained in great condition, the property requires minimal ongoing capital expenditures, making it a true passive investment. Its stand-alone configuration and corner location enhance tenant desirability and future re-tenanting potential, should that ever be needed.
Located in a busy commercial corridor, the site benefits from strong daily traffic counts and surrounding retail synergy, supporting both the current tenant and long-term property value. This asset is well-suited for investors seeking a secure, single-tenant net-leased property with a national credit tenant, strong real estate fundamentals, and upside through long-term tenancy.
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Information
- -
- -
- Sep 2027
Founded in 1999, Cricket Wireless operates as a prepaid wireless telecommunications provider in the United States. Originally established by Leap Wireless, the brand focused on no-contract mobile services designed for cost-conscious consumers. In 2014, Cricket Wireless became a wholly owned subsidiary of AT&T following AT&T’s acquisition of Leap Wireless. The acquisition integrated Cricket into AT&T’s national network infrastructure while maintaining Cricket as a distinct prepaid brand. Cricket provides voice, text, and data services using AT&T’s wireless network, including access to 4G LTE and 5G coverage where available. The company distributes services through company-operated and authorized retail locations, as well as online channels. Over time, Cricket expanded from its initial regional footprint to a nationwide presence supporting consumer prepaid plans and device offerings.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
Information | - | - | Sep 2027 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5320-0332-0001-000 | Improvements Assessment | $278,700 |
| Land Assessment | $61,800 | Total Assessment | $340,500 |
PROPERTY TAXES
Presented by
Cricket | 4302 Highway 3
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