567 12th St - Freestanding FOR SALE


Carlyle, IL 62231
$1,071,000 USD
602-687-6694
567 12th St, Carlyle, IL for Sale
$1,071,000 USD
Freestanding - FOR SALE
1/4
null | 7.5% Cap Rate

567 12th St
Carlyle, IL 62231


HIGHLIGHTS

  • 7+ Years Remaining on Lease Term with T-Mobile
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • T-Mobile (NASDAQ: TMUS) is the 2nd-Largest Wireless Carrier in the U.S. with ±6,650 Retail Stores
  • Signalized Hard Corner Location
  • Average Household Income Exceeds $102,000 within a 10-Mile Radius
  • Immediate Access to Lake Carlyle, Home to Numerous Campgrounds and Outdoor Recreation

OVERVIEW

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

FOR SALE DETAILS

PRICE

$1,071,000 USD

PRICE/SF

$420 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

T-Mobile

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

C

APN/PARCEL ID

08-07-13-478-008

ASK ABOUT THIS PROPERTY

Nick ChristifulliMarcus & MillichapMore Info
602-687-6694

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Nick ChristifulliMarcus & MillichapMore Info
602-687-6694

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.