AT&T - brand new at&T store (spring mobile) across from walmart supercenter 19849 Alberta St., Oneida, Tennessee 37841 - Capital Pacific
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AT&T
brand new at&T store (spring mobile)
across from walmart supercenter
19849 Alberta St., Oneida, Tennessee 37841 p [ www.CapitalPacific.com ]
l i c k f or Ma
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AT&T | 1
m ent highl
st i Listing Team
Contact Info
gh
inve
ts
chris peters
cpeters@capitalpacific.com | (415) 274-2703
CA BRE# 01339983
BRAND NEW AT&t/spring mobile STORE
UNDER $1 MILLION. subject property is Joe Cacamo
ACROSS FROM WALMART SUPERCENTER IN jcaccamo@capitalpacific.com | (415) 274-7394
CA BRE# 01191110
EASTERN TENNESSEE … Spring mobile is the
largest at&t authorized retailer in the us In conjunction with TN Licensed Broker:
Doug Stanfield, The Stanfield York Company
with 958 locations, and growing. dstanfield@stanfield-york.com | 404-255-8066
Capital Pacific collaborates. Click Here to
PRICE: $929,927 Rentable SF. . . . . . . . . . . 2,000 SF meet the rest of our San Francisco team.
CAP: 6.85% Price per SF. . . . . . . . . . . $465
Current Rent. . . . . . . . . $32.00/SF
AT&T | 2
core characteristics
location highlights lease highlights
This free-standing AT&T/Spring Mobile is across from Walmart AT&T/Spring Mobile rent commenced and store opened on June 1, 2016. The
Supercenter on Alberta Street, the primary commercial road in primary term of the lease is seven years and features two (2) 7-year option
Oneida TN. This handsome, brick construction building sits on the periods with 10% escalations at the beginning of each option. Landlord is
hard corner of U.S. Highway 27 (18,580 VPD) and Oneida Circle and responsible for roof, structure and parking lot, and reimbursed by tenant for
features ingress/egress from both roads. Other neighboring tenants taxes and insurance. The tenant has a seven (7) day Right of First Refusal to
include Walgreens, Cato, Shoe Show, Save-A-lot, Advance Auto, purchase, which it is not expected to exercise.
Verizon, O’Reilly Auto, Lumber King, US Cellular, McDonalds, KFC,
Taco Bell, Family Dollar, Sonic, Sally Beauty and numerous other fast STRONG FRANCHISEE OPERATOR
food and other commercial uses. This AT&T is operated by Spring Mobile, established in 2001, which is now the
largest AT&T authorized retailer in the country and a wholly owned subsidiary
Onieda, TN is located approximately 60 miles northwest of Knoxville of Game Stop. Spring Mobile’s rapid growth has been unprecedented in the
in Scott County, which is known as a heavy recreation area due to wireless reseller industry and is evident of the ever-growing demand for AT&T
its proximity to the Big South Fork River National Recreational Area. products and services.
subject property located across from walmart
supercenter on primary commercial corridor
AT&T | 3
aerial
BENEFITTING FROM TRAFFIC COUNTS IN EXCESS OF 18,580 VPD
27 27
KNOXVILLE
18,580 DAILY
Alberta Street
e
®
Av
rta
be
Al
CITY OF
ONEIDA
CITY OF
ONEIDA
Oneida
Elementary
Oneida
Middle School
Burchfield
Elementary
W 3rd Av
enue
297
27
456
et
re
St
ta
ber
Al AT&T | 4
Income & Expense
PRICE $929,927
Price Per Square Foot: $464.96
Capitalization Rate: 6.85%
Total Rentable Area (SF): 2,000
Lot Size (AC): 0.63
STABILIZED INCOME Per Square Foot
Scheduled Rent $32.00 $64,000
Effective Gross Income $32.00 $64,000
LESS Per Square Foot
Taxes NN
Insurance NN
CAM NN
Structural Reserves ($0.15) ($300.00)
EQUALS NET OPERATING INCOME $63,700
This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or
implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.
AT&T | 5
rent roll
TENANT INFO LEASE TERMS RENT SUMMARY
Current Monthly Yearly Monthly Yearly
Tenant Name Sq. Ft. Term
Rent Rent Rent Rent/FT Rent/FT
AT&T 2,000 06/01/16 05/31/23 $64,000 $5,333 $64,000 $2.67 $32.00
Option 1 06/01/23 05/31/30 $5,867 $70,400 $2.93 $35.20
Option 2 06/01/30 05/31/37 $6,453 $77,440 $3.23 $38.72
This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.
AT&T | 6
site plan
NOT
A PART
®
18,580 DAILY
US Highway 27
Site Plan Key
Parcel outline:
Land Area: 27,443 SF
Building Area: 2,000 sf
Ingress/Egress:
27
Oneida Circle
This site plan is a rendering that has been created based on sources we believe to be reliable, however we make no representations or warranties,
expressed or implied, as to the accuracy of the rendering. Buyer must verify the information and bears all risk for any inaccuracies.
AT&T | 7
spring mobile
at&t overview quick facts
Spring Mobile
Spring Mobile, established in 2001, is the largest AT&T authorized retailer in the country. In 2016, the company
acquired 69 stores in northern California from Parrot Cellular, 56 stores in Oregon and Washington from Smart
Wireless, and 50 stores in Florida from Noble Communications, among other deals. The purchases this year
strengthened the brand’s concentration in the West and expanded it into seven new states: Florida, Louisiana, LARGEST
Massachusetts, Michigan, North Carolina, Ohio, and South Carolina. Spring Mobile was acquired by GameStop in AT&T Authorized
November of 2013. retailer
gamestop
GameStop Corp. (NYSE: “GME”), is an American video game, consumer electronics, and wireless services retailer.
The company is headquartered in Grapevine, Texas, and operates 6,457 retail stores throughout the United States,
958
Canada, Australia, New Zealand, and Europe. The company’s retail stores primarily operate under the GameStop, Locations nationwide
EB Games, and Micromania brands.
In addition to retail stores, GameStop also owns Kongregate, a site for browser-based video games; and Game
Informer, a video game magazine; Simply Mac, an Apple products reseller; and Spring Mobile, an AT&T wireless gamestop
reseller. It also operates Cricket Wireless branded retail stores as an authorized agent. Cricket is an AT&T brand quick facts
pre-paid wireless retailer. For fiscal year ending 1/30/2016, GameStop gross revenues were over $9.36 billion.
at&t
AT&T Inc. (NYSE: “T”) is the nation’s leading provider of wireline voice communications services, with 243,620
employees. It is the largest provider of fixed telephone, and second largest provider of mobile telephone. For the
fiscal year ending December 2015, AT&T Inc. reported revenue of $146.8 billion and net income of $13.3 billion. It
has an S & P rating of “BBB+” and is #12 on the Fortune 500. 20,000+
full-time
Employees
6,600+
Locations nationwide
AT&T | 8
at&t/spring mobile location
demographics & map
oneida, tn overview
Oneida is located in Scott County, near the Tennessee-Kentucky
border. It is named for Oneida, New York, the home of several
railroad executives who helped develop the town in the late 19th
century. The population was 3,572 at the 2010 census.
The gateway to the Big South Fork National River Recreation 18,580 DAILY
Area, Scott County is known as the adventure tourism capital of ALBERTA ST
Tennessee. Visitors enjoy hiking, biking, camping, horseback riding,
and more.
Population regional map
1-Mile 3-Mile 5-Mile
2010 1,819 5,733 10,175
2015 1,892 6,027 10,662
2020 1,932 6,185 10,916
2016 Household incomes
1-Mile 3-Mile 5-Mile
1 hr 4 min
Average $38,911 $43,245 $44,457 oneida 60 miles
Median $26,123 $30,033 $31,643
knoxville
2 hr 41 min
Top Employers in Orange County 132 miles
American Bag Corporation
Hartco/Tibbals Flooring Company
Tennier Industries
Denim Processing, Inc chattanooga
AT&T | 9A unique HUMAN
RESULTS-DRIVEN The capital pacific experience - our daily commitment to our clients
client experience [ www.CapitalPacific.com ]
Capital Pacific collaborates. Click Here to
joe caccamo Chris Kostanecki meet the rest of our San Francisco team.
jcaccamo@capitalpacific.com | (415) 274-7394 CA ck@capitalpacific.com | (415) 274-2701
chris kostanecki zeb ripple
BRE# 01191110 CA BRE# 01002010
chris peters john andreini
zeb ripple chris peters dave lucas joe caccamo
zripple@capitalpacific.com | (415) 274-2702 cpeters@capitalpacific.com | (415) 274-2703
zandy smith gregg steele
CA BRE# 01242540 CA BRE# 01339983
rick sanner aaron susman
In conjunction with TN Licensed Broker:
Doug Stanfield, The Stanfield York Company | dstanfield@stanfield-york.com | 404-255-8066 jack navarra karla zens
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