Views: 0 DOM: 57 Updated: 11.28.23 Posted: 10.16.23 Status: Active


Price $1,231,477
Built/Renov 2023
Tenant T-Mobile
Cap Rate 6.50%
Lease Type Double NN
Guarantor Corp T and Rated
Size/SF 2,000
Lease Start 09-08-2023
#Units 7,994
Price/SF $615.74
Expiration 09-07-2033
Tenant Type Tel/Cell
NOI $80,046
R. Term 9.9
Ownership Fee Simple
Rent/SF $40.02
Increases 10.0%/5/yrs
Pop 5Mi 10,040
Lot/AC 0.34
Options 2/5yrs/10%
AHHI 5Mi $70,342

Lease Highlights

  • Brand new 2023 construction
  • T-Mobile recently signed a brand-new 10-year lease with 2 (5-year) options to extend
  • Lease features 10% rental increase every 5 years throughout the initial term and at the start of each option
  • Corporate guarantee by T-Mobile US Inc (NASDAQ: TMUS)

Location Description

T-Mobile is situated along US Highway 82, also known as Lubbock Road, which has a daily traffic count of 15,588 vehicles. The surrounding area is populated with several well-known tenants, including Dollar General Market, O'Reilly Auto Parts, McDonald's, Burger King, Sonic, Ford, and Phillips 66. Additionally, the property is conveniently located less than half a mile west of the Brownfield...



  • 1 Mile
  • 3 Miles
  • 5 Miles


  • Tenant: T-Mobile
  • Guarantor:Corp T and Rated
  • Company:T-Mobile US Inc
  • # Units:7,994
  • Tenant S&P: BBB-
  • Moody’s: Baa2
  • Stock:NASDAQ: TMUS

About Tenant

T-Mobile is the brand name used by some of the mobile communications subsidiaries of the German telecommunications company Deutsche Telekom. The T-Mobile brand was introduced in 1996 and the name...



  1 Miles 3 Miles 5 Miles
2028 Total Population : 4,627 9,099 9,576
2023 Total Population : 4,710 9,251 9,735
2023 Employed Civilian Pop : 1,756 3,588 3,811
2023 Total Businesses : 337 431 447
2023 Average Household Income : $ 53,397 $ 69,038 $ 70,064
2023 Total Consumer Spending : $ 78 M $ 194 M $ 209 M
2023 Median Age : 33 36 36
2023 Total Households : 1,659 3,160 3,346
2023 Pop Age 25+: Bachelor's Degree : 197 524 552
2023 Average Home Value : $ 82,497 $ 112,079 $ 115,115
*ESRI data is presented for informational purposes only


Collection Street Cross Street Year Traffic Vol Distance
Lubbock Road E Lanny Ave 2021 15,588 0.28 mi
Tahoka Road N Cub Dr 2021 7,925 0.36 mi
North 1st Street N 1st St 2021 17,692 0.38 mi
N 1st St W Hill St 2002 12,700 0.42 mi
Bridges Street N 5th St 2021 466 0.46 mi
West Main Street N 3rd St 2021 5,254 0.49 mi
West Main Street S 1st St 2020 4,325 0.49 mi
South 1st Street W Main St 2020 14,806 0.51 mi
South 1st Street W Buckley St 2021 14,769 0.51 mi
Lubbock Road Ranch Rd 2066 2021 12,912 0.58 mi

Listing Broker

Disclaimer & Confidentiality
All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT




my activity