604 Liberty StYork, SC 29745

This exceptional investment opportunity presents the fee simple interest in a freestanding T-Mobile store in York, South Carolina, within the Charlotte MSA. The property boasts a brand-new 10-year net lease with two 5-year renewal options, ensuring long-term stability. The lease, guaranteed by the corporate entity (NASDAQ: TMUS | S&P: BBB), includes 10% rent increases every five years, providing inflation protection and growing net operating income (NOI). The 0.86-acre lot features 38 parking spaces and is strategically located on East Liberty Street, benefiting from high daily traffic counts (17,800 VPD) and proximity to major roadways, including State Highways 161 and 5. The property's strong location is further enhanced by its presence in a dense retail area with numerous national tenants such as Food Lion, Walmart, Lowe's, and AutoZone, and a substantial residential population within a 5-mile radius (over 69,100 residents and 28,000 daytime employees, with an average household income of $80,283). Built in 1995 and renovated in 2012 and 2024, the building offers 100% occupancy and a current NOI of $118,005, representing a 6.75% cap rate. The asking price is $1,748,000. The property is zoned commercial and has an APN of 070-15-01-010. This low-management investment offers significant potential for passive income growth.