T-Mobile | St. Louis MSA | 10% Rent Increases — Sale in Carlyle (St. Louis Msa), IL
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Carlyle (St. Louis Msa), IL 62231
Investment Figures
- Cap rate
- 7.65%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
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. Investment Highlights: • Over Seven Years Remaining on Lease Term with T-Mobile • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options - Cap Rate Increases to 8.42% in 2028 • T-Mobile (NASDAQ: TMUS) is the Second-Largest Wireless Carrier in the U.S. with Approximately 6,650 Retail Stores • Signalized Hard Corner Location with 18,000 Plus Cars per Day at the Intersection of Franklin Street and 12th Street • Average Household Income Exceeds $102,000 within a 10-Mile Radius • Immediate Access to Lake Carlyle, Home to Numerous Campgrounds and Outdoor Recreation • Close Proximity to National Retailers: Walmart Supercenter, Tractor Supply Co, McDonald's, Dollar General, CVS, and More
Market Context
This retail in Carlyle (St. Louis Msa), IL is listed for sale. It is offered at an approximate 7.7% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 101 days. Compare it against other retail listings for sale in Carlyle (St. Louis Msa), IL — view the full market.
Contact
- Nick Christifulli · (602) 687-6694 · nick.christifulli@marcusmillichap.com
- Mark Ruble · (602) 687-6766 · mark.ruble@marcusmillichap.com
- Chris Lind · (602) 687-6780 · chris.lind@marcusmillichap.com
- Zack House · (602) 687-6650 · zachary.house@marcusmillichap.com
- Tivon Moffitt · (602) 687-6688 · tmoffitt@ipausa.com
- Peter Bauman · (602) 687-6685 · pbauman@ipausa.com
- Steven D. Weinstock · (630) 570-2200
- Josh Sciotto · (602) 687-6647 · josh.sciotto@marcusmillichap.com
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