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Thomasville, GA - T-Mobile | 13557 US-19 Hwy
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Thomasville, GA - T-Mobile 13557 US-19 Hwy
2,000 SF Retail Building Thomasville, GA 31792 $2,534,268 CAD ($1,267 CAD/SF) 6.25% Cap Rate
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INVESTMENT HIGHLIGHTS
- Brand New 2024 Construction | New 10 Year Lease Investment Grade Tenant | Scheduled Increases
- Signalized, Hard Corner Intersection | Excellent Visibility & Access
- Strong Demographics In 5-Mile Trade Area
- NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
- Outparcel to Top Ranked Publix | Gateway Shopping Center | Dense Retail Corridor | New Multi-Family Development
EXECUTIVE SUMMARY
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, T-Mobile investment property located in Thomasville, Georgia. The tenant, T-Mobile, recently signed a brand new 10 year lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is a NN with limited landlord responsibilities making it an ideal, low management investment opportunity for a passive investor.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,000 SF
Year Built
2024
Price
$2,534,268 CAD
Price Per SF
$1,267 CAD
Cap Rate
6.25%
NOI
$158,392 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.42 AC
Zoning
C-1 - Commercial district predominantly residential in character
Parking
14 Spaces (7 Spaces per 1,000 SF Leased)
Frontage
115 ft on U.S. 19
AMENITIES
- Freeway Visibility
- Air Conditioning
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Number | 046HTH-128-H | Improvements Assessment | $0 CAD |
Land Assessment | $296,547 CAD | Total Assessment | $296,547 CAD |
PROPERTY TAXES
Parcel Number
046HTH-128-H
Land Assessment
$296,547 CAD
Improvements Assessment
$0 CAD
Total Assessment
$296,547 CAD
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Presented by
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Thomasville, GA - T-Mobile | 13557 US-19 Hwy
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