•	The tenant, T-Mobile South, LLC, recently signed a brand-new 10-year lease with 2 (5-year) options to extend, demonstrating their commitment to the site
•	The lease features a 12.35% increase in LY 6 and  10% rental increases at the beginning of each option period, generating NOI and hedging against inflation
•	Spring 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

Offering Memorandum

•	T-Mobile is strategically located at the signalized, hard corner intersection of U.S. Highway 27 and Tower St., averaging 24,000 vehicles passing by daily
•	The subject property is adjacent to the South Highlands Shopping Center, a newly built Publix anchored center with nearby national/credit tenants such as Burger King, Wawa, Subway, Dollar General, Domino’s, and more
•	Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure for this site
•	The site is positioned across from a brand new Wawa
•	The asset benefits from significant street frontage and multiple points of ingress/egress, providing convenience and ease for customers

Lake Placid, FL - T-Mobile

a288X000002lsVxQAI - 1695103119314 -0

a288X000002lsVxQAI - 1695103119314 -1

a288X000002lsVxQAI - 1695103119314 -2

a288X000002lsVxQAI - 1695103119314 -3

a288X000002lsVxQAI - 1695103119314 -4

a288X000002lsVxQAI - 1695103119315 -5

a288X000002lsVxQAI - 1695103119315 -6

a288X000002lsVxQAI - 1695103119315 -7

a288X000002lsVxQAI - 1695103119315 -8

a288X000002lsVxQAI - 1695103119316 -9

<p>Ivy Kwon joined SRS Real Estate Partners in 2017 and is a Senior Marketing Associate in the Newport Beach office. Ivy is responsible for online marketing including social media and email marketing for SRS’ Capital Markets team. She also oversees pipeline management and coordinates events. Before joining SRS, Ivy worked in the entertainment industry doing marketing and merchandising. </p><p>Ivy has a BA degree from Chapman University. </p>

Ivy Kwon

Senior Marketing Associate

Retail

Industrial

Net Lease Investments

National Multi-Tenant Advisory

1031 Exchange

Sale Leaseback

Debt & Equity

Franchise M&A

Advisory

Capital Markets

Land

Office

Multifamily

Hospitality

Special Purpose

For Sale Or Lease

Investment Sale

Properties

By Name

By Location

By Service

By Team

People

National Net Lease

SRS Industrial

Team

Locations

People & Locations

Search

Primary Navigation

Sold

Lake Placid, FL - T-Mobile

Description

Location

Documents & Links

Contact

Kyle Fant

Britt Raymond

Patrick Nutt