deal image
3265 E Goldstone DrMeridian, ID 83642
3265 E. Goldstone Drive
Asset ClassOffice
Deal Size$18.51 M
Square Feet: 77,483Occupancy: 100%Weighted Average Lease Term: 5.5 YearsAccess Data Room
100% Leased to T-Mobile - Investment Grade Credit Tenant - Single Story Asset on Oversized Parcel
overview of deal

Overview

EXTREMELY STRONG INVESTMENT GRADE CREDIT TENANT

  • 100% leased to T-Mobile USA, Inc.(“Tenant”)
  • T-Mobile carries investment grade credit ratings of BBB+ from Fitch, BBB from S&P, and Baa2 from Moody’s
  • $81.4 billion in revenue and $11.3 billion net income in fiscal year 2024
  • T-Mobile is the largest telecommunications provider in the world based on market cap

MISSION CRITICAL FACILITY WITH RECENT LEASE RENEWAL

  • T-Mobile has occupied the building since its development in 2004
  • The Tenant signed a lease renewal in February 2025, extending the lease through June 2031
  • The lease has a favorable net lease rent structure with landlord only responsible for roof, structure, and landlord’s share of qualified capital expense items
  • The lease has positive annual rent escalations of 2.0%

KEY COMMUNICATION CENTER FOR T-MOBILE

  • T-Mobile values direct customer interaction as a critical business differentiator - with this facility playing an important part in their overall customer satisfaction strategy.
  • This Asset houses one of T-Mobile’s top performing contact center locations
Access the Data Room
deal gallery image
deal gallery image
deal gallery image
3265 E Goldstone DrMeridian, ID 83642

Sales Team

Tivon Moffitt, SIORSenior Managing Director954.547.7212tmoffitt@ipausa.com
Peter Bauman, SIORSenior Managing Director602.370.6020pbauman@ipausa.com
Brett BakerSenior Financial Analyst641.799.2014bbaker@ipausa.com
deal image

Inquire

Listing provided by Revere CRE