AT&T Tenant Overview
Pros
- Creditworthy tenant
- Essential retail tenant
Cons
- Some NN leases hold landlord responsible for roof and structure
Tenant Description
AT&T is a prominent tenant in the net lease commercial real estate space, known for its strong presence and extensive network infrastructure. As one of the largest telecommunications companies in the world, AT&T operates in various segments including wireless services, broadband, entertainment, and business solutions. With a well-established brand and a customer base spanning across residential, commercial, and governmental sectors, AT&T is a reliable and sought-after tenant for net lease properties.
AT&T has a rich history dating back to 1885 when it was founded as the American Telephone and Telegraph Company. Over the years, the company has evolved and expanded its operations to become a global telecommunications giant. Originally focused on providing telephone services, AT&T has grown into a comprehensive provider of communication and entertainment services.
AT&T's financial performance has been robust, with strong annual revenues contributing to its status as a reliable and creditworthy tenant. AT&T reported annual revenues exceeding $170 billion. With over 5,000 Locations.
Overall, AT&T's long-standing reputation, extensive network infrastructure, commitment to innovation, and significant annual revenue make it an attractive tenant in the net lease commercial real estate space.
| Average Sale Price | $1,766,225 |
| NOI | $110,282 |
| $/Square Foot | $353 - $441 |
| Building SF | 4,000 - 5,000 |
| Lot Size | 0.50 - 1.00 acres |
| Lease Term | 10 years |
| Escalations | Varies |
| Stock Symbol | N/A |
| Orlando, FL | 6.90% |
| Louisville, KY | 6.50% |
| Corpus Christi TX | 5.00% |
