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Corporate T-Mobile & Wienerschnitzel SLB 1013 W Pierce St 4,698 SF 100% Leased 4-Star Retail Building Carlsbad, NM 88220 $4,538,289 CAD ($966.00 CAD/SF) 6.15% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Rare, Absolute NNN Multi-Tenant
  • Wienerschnitzel Sale-Leaseback
  • Corporate T-Mobile

EXECUTIVE SUMMARY

• Multi-Tenant Wienerschnitzel & T-Mobile Investment
° Income & Investment Stability w/ two streams of guaranteed rental income
° Rare, Absolute NNN two tenant Investment, zero landlord responsibilities
• Wienerschnitzel Sale-Leaseback Highlights
° Proven Multi-Unit Franchisee - Supported by a solid personal guarantee (broker can
provide further details).
° 20-year initial lease term with five 5-year options
° 10% increases every 5-Years & Options
° Top 10 Ranking Franchisee Operator in the System
• T-Mobile Highlights
° T-Mobile Corporate Location
° Currently #2 Largest Wireless Carrier in U.S.
° 6,000+ Retail Locations Nationwide
° $81.4 Billion Reported Revenue for

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment NNN
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,698 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2020
Price
$4,538,289 CAD
Price Per SF
$966.00 CAD
Cap Rate
6.15%
NOI
$279,112 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.64 AC
Zoning
C-2 - Commercial Retail
Parking
20 Spaces (4.26 Spaces per 1,000 SF Leased)

AMENITIES

  • Restaurant
  • Signage
  • Drive Thru

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Information
  • 2,502 SF
  • $45.44 CAD
  • Triple Net
  • May 2029

T-Mobile U.S. Inc. (NASDAQ: TMUS) is America’s supercharged Un-carrier, delivering an advanced 4G LTE and transformative nationwide 5G network that will offer reliable connectivity for all. T-Mobile’s customers benefit from its unmatched combination of value and quality, unwavering obsession with offering them the best possible service experience, and undisputable drive for disruption that creates competition and innovation in wireless and beyond. Based in Bellevue, Wash., T-Mobile provides services through its subsidiaries and operates its flagship brands, T-Mobile, Metro by T-Mobile, and Sprint.

  • Accommodation and Food Services
  • 2,196 SF
  • $75.31 CAD
  • Triple Net
  • Dec 2045

They are a family-owned company and they're going to keep it that way. They know that Wienerschnitzel holds a special place in the hearts of their fans, many who’ve grown up with them, and they're committed to serving up craveable food at a great value for many generations to come.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Information 2,502 SF $45.44 CAD Triple Net May 2029
Accommodation and Food Services 2,196 SF $75.31 CAD Triple Net Dec 2045

NEARBY MAJOR RETAILERS

7 Brew Coffee
Denny's
Blake's LotaBurger
Buffalo Wild Wings
Starbucks
Rent-A-Center
Albertsons Market Pharmacy
McAlister's Deli

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4-156-126-494-309
Land Assessment
$64,676 CAD
Improvements Assessment
$431,108 CAD
Total Assessment
$495,784 CAD
  • Listing ID: 38788836

  • Date on Market: 2025-12-16

  • Last Updated:

  • Address: 1013 W Pierce St, Carlsbad, NM 88220

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