AT&T Tenant Overview


  • Creditworthy tenant
  • Essential retail tenant


  • 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 Cap Rate
12 mo avg with 10+ yr lease term
Average Property & Lease
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
Credit Rating
Moody's Baa2
Average Cap Rate Trend
Rates reflect last 12 mos, short and long-term
Recent Sales Comps
Orlando, FL 6.90%
Louisville, KY 6.50%
Corpus Christi TX 5.00%