402 US Highway 31, Hartselle, AL
Deal Type:
Net Lease
Cap Rate:
Current Rent:
Lease Type:
Lease Term:
10 years
Landlord Responsibilities:
Roof, Structure, Exterior Utility Lines, Common Areas (Parking, Landscaping, Sidewalks, etc.)
Renewal Options:
Two 5-Year Options
Building Sq. Ft.:
2,500 SF
Rent Increases:
10% Every 5 Years, Including Options
Site Size:
.52 Acres

Investment Highlights

  • Strong Credit Tenant: T-Mobile (NASDAQ: TMUS) had 2020 Revenues over $68B
  • Sprint Corporation and T-Mobile US merged in 2020 in an all shares deal for $26 billion, making them the highest capacity network in the nation and utilizing T-Mobile’s brand going forward
  • Brand New High Quality Construction
  • Strategically Located along Main Retail Corridor in Hartselle; Surrounding Tenants Include Walmart, Lowes, Walgreens, AutoZone, and Kroger
  • The Location Benefits from Strong Visibility and Access Along US Highway 31
  • Hartselle has Experienced Consistent Population Growth, Benefiting from North Alabama’s Economic Growth in areas such as Aerospace, Tech, and Automotive Manufacturing
  • Limited Day to Day Landlord Responsibilities, Offering Investors a Passive Investment

Listing Agents

Adam English

Managing Director
256 694 9803

Adam Baxter

Vice President
205 394 3520

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