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T-Mobile 567 12th St 2,550 SF Retail Building Carlyle, IL 62231 $1,071,000 ($420/SF) 7.50% Cap Rate
Investment Highlights
- 7+ Years Remaining on Lease Term with T-Mobile
- T-Mobile (NASDAQ: TMUS) is the 2nd-Largest Wireless Carrier in the U.S. with ±6,650 Retail Stores
- Average Household Income Exceeds $102,000 within a 10-Mile Radius
- 10% Rental Increases Every 5 Years with Multiple Renewal Options
- Signalized Hard Corner Location
- Immediate Access to Lake Carlyle, Home to Numerous Campgrounds and Outdoor Recreation
Executive Summary
T-Mobile US, Inc. (NASDAQ: TMUS) is a major American telecommunications company headquartered in Bellevue, Washington, and is the second-largest wireless carrier in the United States by subscriber count.
Carlyle is a city in, and the county seat of, Clinton County, Illinois. Located approximately 50 miles east of St. Louis, Carlyle is home to Illinois’ largest man-made lake, Carlyle Lake, and to the General Dean Suspension Bridge, a suspension bridge that is the only one of its kind in Illinois.
Steven Weinstock – Marcus & Millichap – Broker of Record – steven.weinstock@marcusmillichap.com
Carlyle is a city in, and the county seat of, Clinton County, Illinois. Located approximately 50 miles east of St. Louis, Carlyle is home to Illinois’ largest man-made lake, Carlyle Lake, and to the General Dean Suspension Bridge, a suspension bridge that is the only one of its kind in Illinois.
Steven Weinstock – Marcus & Millichap – Broker of Record – steven.weinstock@marcusmillichap.com
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,550 SF
Building Class
B
Year Built
2023
Price
$1,071,000
Price Per SF
$420
Cap Rate
7.50%
NOI
$80,325
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.61 AC
Zoning
C - Commercial
Frontage
Amenities
- Corner Lot
- Signalized Intersection
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- T-Mobile
- Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| T-Mobile | Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 08-07-13-478-008 | Improvements Assessment | $78,130 |
| Land Assessment | $49,480 | Total Assessment | $127,610 |
Property Taxes
Parcel Number
08-07-13-478-008
Land Assessment
$49,480
Improvements Assessment
$78,130
Total Assessment
$127,610
Contacts
-
Nick Christifulli -
Mark Ruble -
Christopher Lind -
Zack House -
Steven Weinstock -
Marcus & Millichap
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T-Mobile | 567 12th St
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