3222 Main St Lindale, TX 75771

This exceptional investment opportunity presents a fee-simple interest in a brand-new, 2,969 square foot T-Mobile storefront located at 3222 S Main St, Lindale, TX 75771. The property, built in 2023, sits on a 0.84-acre lot and benefits from a prime location as an outparcel to a Walmart Supercenter and Lowe's Home Improvement, ensuring high visibility and traffic. The property enjoys exceptional exposure to over 75,000 vehicles per day on S Main Street near Interstate-20. Lindale is experiencing rapid growth, with a 24% population increase within a 3-mile radius since 2010, and over 100 new businesses registered in the last year. The T-Mobile lease commenced November 1, 2023, and runs for 10 years, with two 5-year renewal options. Rent increases by 10% every 5 years. The property boasts a 7.00% cap rate, a $117,276 annual net operating income (NOI), and a sale price of $1,680,000 ($565.85/sq ft). This is a single-tenant, Class A, net-lease investment with a credit-rated, corporate-guaranteed tenant. The property's strong tenant, favorable lease terms, and location in a high-growth market make it an attractive investment opportunity. The building is a single-story structure with 100% occupancy.