T-Mobile - Tyler, TX MSA

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer for sale a single tenant T-Mobile (the “Property” or “Asset”) offering located in Lindale (Tyler MSA), TX. The Asset is strategically located as an out-lot to Walmart Supercenter and Lowe’s Home Improvement. The Asset’s precise location along S Main Street near Interstate-20 provides exposure to over 75,000 VPD and regional traffic visiting the surrounding national retailers and hotels. Located 90 miles east of Dallas, the city of Lindale is one of the fastest growing communities in Texas. The surrounding 3-mile radius has experienced a 24% growth since 2010. In the last year alone, more than 100 new businesses have been registered in Lindale.

Since merging with Sprint in 2019, T-Mobile has shown exceptional growth and recently surpassed Verizon as the second largest wireless communications provider with a 45% year-over-year growth rate in 2022.

Upon opening in fall of 2023, T-Mobile will operate on a 10-year, corporate, net lease with a 10%+ rent bumps every 5 years in the primary term and options, and minimal landlord responsibilities. This Asset provides the opportunity to acquire a long-term cash flow from investment grade tenancy and one of the largest wireless communications providers in the world.