AT&T

INVESTMENT HIGHLIGHTS

• 2016 build-to-suit construction for AT&T.
• Extremely competitive cap rate given the demand for these national cellular tenants and the lease guarantor serving as AT&T’s largest authorized retailer -Prime Communications, LP (2,000+ Locations).
• Attractive 5% rental increases every 5 years within the option period.
• Traffic counts on Saraland Blvd exceed ±22,700 vehicles daily.
• Located only ±10 miles from downtown Mobile, AL which ranks as the 4th largest MSA throughout the entire state of AL (±181,253 residents).
• Situated ±3 minutes from U.S. Hwy 65 access which serves as the main thoroughfare for Mobile and Montgomery, AL travelers.
• Booming retail corridor with surrounding national tenants including: Piggly Wiggly, Scooter’s Coffee, Dollar General, CVS, Walgreens, AutoZone Auto Parts, O’Reilly Auto Parts, PNC Bank, Pizza Hut, and more.
• Conveniently located ±5-miles from the University of Mobile (±1,989 enrollment).
• Limited store competition – one of only three AT&T stores within a ±13.3-mile radius.
• 5-mile population exceeds ±28,115 residents.
• Average household income surpasses ±$95,739 annually.