T-Mobile Tenant Overview



Pros

  • Creditworthy tenant
  • BBB rated
  • Tenant prefers premier real estate - great intrinsic value
  • Essential retail tenant

Cons

  • Lease termination options
  • Some NN leases

Tenant Description

As one of the leading providers of mobile communication services in the United States, T-Mobile has a strong presence in the retail sector. With its innovative offerings and extensive network coverage, T-Mobile has become a preferred choice for consumers seeking reliable and advanced wireless connectivity.

T-Mobile US, Inc., commonly known as T-Mobile, was established in 1994 and is headquartered in Bellevue, Washington. The company operates within the highly competitive telecommunications industry, offering wireless voice, messaging, and data services to millions of customers across the country. T-Mobile is known for its commitment to delivering exceptional network performance, customer service, and cutting-edge mobile technologies.

T-Mobile's revenue has consistently shown a positive trajectory. As of the most recent data available, T-Mobile reported annual revenues of approximately $68 billion. This figure demonstrates the company's financial strength and stability, making it an attractive tenant within the net lease commercial real estate space.

Average Cap Rate
6.22%
12 mo avg with 10+ yr lease term
Average Property & Lease
Average Sale Price $1,900,108
NOI $119,231
$/Square Foot $475 - $950
Building SF 2,000 - 4,000
Lot Size 0.75 - 1.00 acres
Lease Term 10 years
Escalations Varies
Stock Symbol N/A
Credit Rating
S&P BBB
Moody's N/A
Average Cap Rate Trend
6.51%
2021
6.36%
2022
Rates reflect last 12 mos, short and long-term
Recent Sales Comps
Grosse Pointe, MI 7.38%
Marion, VA 6.65%
New Braunfels, TX 5.08%