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 $1,752,000 ($876/SF) 6.25% Cap Rate
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
$1,752,000
Price Per SF
$876
Cap Rate
6.25%
NOI
$109,500
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
PROPERTY TAXES
| Parcel Number | 046HTH-128-H | Improvements Assessment | $0 |
| Land Assessment | $209,088 | Total Assessment | $209,088 |
PROPERTY TAXES
Parcel Number
046HTH-128-H
Land Assessment
$209,088
Improvements Assessment
$0
Total Assessment
$209,088
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Thomasville, GA - T-Mobile | 13557 US-19 Hwy
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