T-Mobile NNN Retail
New
For Lease
$1,135,000
567 12th Street, Carlyle, IL 62231
A corporate-leased store at a signalized corner offers access from four streets and multiple ingress and egress points.
Space Size2,550 SF
Days on Market2
Property Features for 567 12th Street
General Information
Standard status
Active
Size
2,550 SF
Net Rentable
2,550 SF
Property subtype
Retail
Net Operating Income
$80,325
Space & Availability
Available Space
2,550 SF
Contiguous Space
2,550 SF
Available From
2023-07
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Lease Term
120 months
Amenities
Hard Signalized Corner Location
Multiple Points of Ingress/Egress
New Development Center with Family Dollar/Dollar Tree Store
Building Details
Year Built
2023
Listing Agency:
(810) 625-0960
Listed By:
Kyle Carson
(810) 625-0960
Source:
Fortisnetlease
Added: Aug 21
Changed: Aug 22
Last Checked: Aug 22 at 5:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kyle Carson
Investment Insights
Based on property information with market context.
This T-Mobile retail property contains 2,550 SF and is backed by a corporate Double Net (NN) lease with a 10-year initial term. The lease structure is designed for minimal landlord responsibilities and includes a 10% rental increase in year 6, followed by three 5-year renewal options with a 10% increase at each option. The tenant is identified as investment grade with an S&P rating of BBB+.
Located at 567 12th Street in Carlyle, Illinois, the store occupies a signalized corner with access from four streets and multiple points of ingress and egress. The property is positioned along a main thoroughfare connecting communities and within a new development center that includes Family Dollar and Dollar Tree. The surrounding 10-mile population is 17,454, and traffic at Highway 50 and 12th Street is reported at 17,396 cars per day.
Located at 567 12th Street in Carlyle, Illinois, the store occupies a signalized corner with access from four streets and multiple points of ingress and egress. The property is positioned along a main thoroughfare connecting communities and within a new development center that includes Family Dollar and Dollar Tree. The surrounding 10-mile population is 17,454, and traffic at Highway 50 and 12th Street is reported at 17,396 cars per day.
Key Highlights
- 2,550 SF T‑Mobile retail store at 567 12th Street, Carlyle, IL 62231
- 10 year Double Net (NN) corporate lease with minimal landlord responsibilities
- 10% rental increase in year 6 and at each of three (5 year) renewal options
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
322
Businesses Nearby
Explore this area
Business Placement
Demographics for 62231, IL
7,171
Population
3,233
Households
2.2
Avg Household Size
46
Median Age
25%
College-Educated
96%
High-School Grad
192.1 sq mi
ZIP Area
37
Density / Sq Mi
$80,660
Median Household Income
$41,526
Median Earnings
$1,043
Median Rent
$158,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - A corporate-leased store at a signalized corner offers access from four streets and multiple ingress and egress points.
Where is this nnn property located?
The property is located at 567 12th Street Carlyle, IL.
What is the lease rate?
The lease rate is $1,135,000.
What are key features of this property?
This property features: 2,550 SF T‑Mobile retail store at 567 12th Street, Carlyle, IL 62231; 10 year Double Net (NN) corporate lease with minimal landlord responsibilities; 10% rental increase in year 6 and at each of three (5 year) renewal options
