STREAM Capital Partners > Properties > All Properties > AT&T

AT&T

Net Lease

2711 South Ferdon Boulevard, Crestview, Florida
Ownership Type:
Owner/User
Price:
$2,008,356
Cap Rate:
6.75%
Current Rent:
$135,564
Tenancy:
Single Tenant
Lease Type:
DoubleNet
Lease Expiration Date::
Approx. 7 years
Renewal Options:
One, 5-Year (2.5% increases every 2 years during Option Period)
Building Sq. Ft.:
3,877 SF
Rent Increases:
2.5% in 2027, 2.5% in 2029, 2.5% in 2031
Site Size:
0.82 Acres

Investment Highlights

  • Prime High-Traffic Location: Positioned along the bustling S Ferdon Boulevard, this property benefits from exceptional visibility and exposure, with over 44,000 vehicles per day (VPD).
  • Seasoned Operating Location: Tenant has been operating on site since 2010.
  • Newly Developed Retail Center Nearby: Recently developed Crestview Commons is located across the street with strong retailors such as Burlington, Ulta, Five Below, Marshalls, Planet Fitness, Aldi, Chipotle and Chili’s.
  • 7 Year Lease with Investment Grade Tenant: AT&T (NYSE:T) is a leading multinational telecommunications and media company in the country with over 6,000 locations and an S&P credit rating of BBB.
Ownership Type:
Owner/User
Price:
$2,008,356
Cap Rate:
6.75%
Current Rent:
$135,564
Lease Type:
DoubleNet
Lease Expiration Date::
Approx. 7 years
Renewal Options:
One, 5-Year (2.5% increases every 2 years during Option Period)
Building Sq. Ft.:
3,877 SF
Rent Increases:
2.5% in 2027, 2.5% in 2029, 2.5% in 2031
Site Size:
0.82 Acres

Listing Agents

Adam Baxter

Vice President
205 394 3520[email protected]

Taylor Trepinski

Vice President
786.684.1975[email protected]

Jordan Shtulman

Managing Principal
847.226.4133[email protected]

Broker of Record: Sasha Dominguez, Lic. #BK3339010

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