AT&T Call Center

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LTV (Loan to Value)	0.00%	Current NOI
Interest Rate	0.000%	Cap Rate	0.000%
Fixed Term	+/- 2 Years Years	Land Area
Amortization	Years	Lease Type
Loan Amount		Property Type
Payment		Property Lease
Building Size		Remaining Terms

Location Description

The City of Fort Worth is located in Located in North Central Texas and is both the 17th-largest city in the United States of America and the fifth-largest city in the state of Texas. Along with Dallas, Fort Worth makes up the fourth most populous metropolitan area in the United States. Areas of Fort Worth are located in Tarrant, Denton, Parker, and Wise counties—and the City of Fort Worth serves as the seat for Tarrant County. According to the 2013 census estimates, Fort Worth had a population of 792,727.Fort Worth was established in 1849 as an Army outpost on a bluff overlooking the Trinity River. Today Fort Worth still embraces its Western heritage and traditional architecture and design. Fort Worth is home to the Kimbell Art Museum, considered to have one of the best collections in Texas, and housed in what is widely regarded as one of Texas’ foremost works of modern architecture. Also of note are the Modern Art Museum of Fort Worth and the Amon Carter Museum, the latter of which houses one of the most extensive collections of American art in the world.

Highlights

Tenant Credit - AT&T Services Inc. is a subsidiary of AT&T Inc. AT&T Inc. holds an A-/Stable credit rating from Standard & Poor’s. AT&T had FY2014 (ended December 31, 2014) revenue of $132.44 billion and net income of $6.22 billion. As of March 17, 2015, AT&T had a market capitalization of $170.76 billion.Well Maintained Property in Major, High Growth Market – The Property is attractive and well-maintained. It is a 64,292 SF building, located on 6.61 Acres in the high growth market of Fort Worth, Texas. The Property has strong surrounding area demographics and is located within CentrePort Business Park.CentrePort Business Park Location – The Property is located in the CentrePort Business Park, midway between Fort Worth and Dallas, and just two miles south of Dallas-Fort Worth International Airport. The CentrePort Business Park is a 1,300-acre business park and mixed-use development and includes major tenants such as American Airlines HQ, OfficeMax, Bank of America, Whirlpool, CUNA Mutual, and Keebler, among many others. The business park is accessible by the Trinity Railway Express, as well as State Highways 183 and 360.Replaceable Rent with Annual Rental Increases – At $8.58 PSF, AT&T’s rent is replaceable. Additionally, the existing lease has rental escalations of 1.50% annually throughout the base lease term and two, five year option periods.Limited Landlord Responsibilities – The Property features limited landlord responsibilities of maintenance, repair and replacement of the Property’s roof and structure, as well as capital expenditures for the remainder of the base lease term and all option periods.Proximity to AT&T Corporate Headquarters - The Property is located approximately 18 miles along Interstate-35 from AT&T’s Corporate Headquarters in downtown Dallas.State Income Tax Free – The State of Texas has no state income tax, as well as no state estate or inheritance taxes.

NNN Loans Funding

Triple-Net Lease Financing arranged by NNNLenders. Offering Triple Net NNN Property Loans.