AT&T | New 10yr NNN | 2024 Construction 677 W DeKalb Pike

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, AT&T investment property located in King of Prussia, Pennsylvania (Philadelphia MSA). The tenant recently signed a brand new 10-year lease with 2 (5-year) options to extend, demonstrating their long-term 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 NNN with limited landlord responsibilities making it an ideal, low-management investment for a passive investor. AT&T helps more than 100 million U.S. families, friends and neighbors, plus nearly 2.5 million businesses.