T-Mobile Retail
567 12TH ST, Carlyle, IL 62231
For Sale
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Corporate tenancy is structured under a double-net lease with limited landlord obligations.
Property Size2,550 SF
Price / SF$411.76
Days on Market41
Property Features for 567 12TH ST
General Information
Standard status
Size
Property subtype
Net Operating Income
Site & Location
Corner Location
Traffic Count
Road Access
Additional Details
Cap Rate
Tenant in Place
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
Fortis Net Lease
Listed By:
Kyle Carson · License MI #6501384480
Source:
Crexi
Added: Sep 30
Changed: Nov 8
Last Checked: Nov 8 at 5:37PM
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 Fortis Net Lease
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Investment Insights
Based on property information with market context.
Completed in 2023 as a build-to-suit, this 2,550-square-foot T-Mobile store is leased under a corporate double-net agreement. The lease has 6.77 years remaining, includes a 10% rent increase in July 2028, and provides three five-year renewal options, each with a 10% increase. The tenant may terminate once on or after June 30, 2030, subject to a termination fee. The site includes a concrete parking lot.
The store occupies the signal-controlled intersection of Highway 50 and 12th Street, with access from four streets and multiple entry and exit points. The intersection carries 17,396 vehicles per day. Nearby uses include a Family Dollar/Dollar Tree and medical and office properties; CVS, Carlyle Home Center, and VFW Club are across the street. The property is in downtown Carlyle, within the St. Louis MSA. The population within 10 miles is 17,071.
The store occupies the signal-controlled intersection of Highway 50 and 12th Street, with access from four streets and multiple entry and exit points. The intersection carries 17,396 vehicles per day. Nearby uses include a Family Dollar/Dollar Tree and medical and office properties; CVS, Carlyle Home Center, and VFW Club are across the street. The property is in downtown Carlyle, within the St. Louis MSA. The population within 10 miles is 17,071.
Key Highlights
- 2,550 SF build‑to‑suit completed in 2023
- Corporate double‑net lease with 6.77 years remaining
- 10% rent increase scheduled for July 2028; three five‑year renewal options also include 10% increases
Property Analytics
Who owns this building?
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Current Use
Lease Details
17,396 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
322
Businesses Nearby
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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
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Market
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Frequently Asked Questions
What type of property is this?
Retail space - Corporate tenancy is structured under a double-net lease with limited landlord obligations.
Where is this retail space located?
The property is located at 567 12TH ST Carlyle, IL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 2,550 SF build‑to‑suit completed in 2023; Corporate double‑net lease with 6.77 years remaining; 10% rent increase scheduled for July 2028; three five‑year renewal options also include 10% increases
