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Sprint Properties For Sale 

    



Interested in Purchasing a Sprint Property for Investment?

 

If you wish to purchase a Sprint property for investment, please email  info@nnndeals.com; We have access to an extensive inventory of triple net Sprint Properties for sale in Washington DC, Maryland, Virginia and the entire United States.   

 

 

 

 

 

Price: 

$1M - $2M


Lease Term
:

10 – 15 Years


Increases:
 
10% Every 5 years 
Lease Extensions: 20 – 40 Years  

Lease Type
:
Absolute NNN Lease 

Lease
Guarantee: 

Corporate
CAP Rate Ranges:
6% – 7%

  

Public
Traded as
Industry Telecommunications
Predecessor SPC
GTE Sprint
US Sprint
Embarq
Sprint Corporation (original)
Nextel Communications
Sprint Nextel Corporation
Founded 1899; 117 years ago
Founder
  • Cleyson Brown
  • Jacob Brown
Headquarters Overland Park,Kansas,United States
Area served
Key people
Products
[1] :1,4
Revenue
  • $35.493 billion (2013)
  • $35.345 billion (2012)
[1] :26
  • $91 million (2013)
  • $382 million (2012)
[1] :26
  • $ −3.018 billion (2013)
  • $ –4.353 billion (2012)
[1] :26
Total assets
  • $86.095 billion (2013)
  • $51.57 billion (2012)
[1] :26
Total equity
  • $25.584 billion (2013)
  • $7.087 billion (2012)
[1] :26
Owner SoftBank(80%) [2]
Number of employees
36,000 (2014) [1] :11
Subsidiaries [3]
Website

 

    

About Sprint :

 

Sprint Corporation, commonly referred to as  Sprint  , is an American  telecommunications    holding company  that provides  wireless services  and is a  major global Internet carrier. It is the fourth largest wireless network operator in the United States, and serves 58.4 million customers as of January 2016.[5]  The company also offers wireless voice, messaging, and broadband services through its various subsidiaries under the  Boost Mobile,  Virgin Mobile, and  Assurance Wireless  brands, and wholesale access to its wireless networks to  mobile virtual network operators. The company is headquartered in  Overland Park, Kansas. In July 2013, a majority of the company was purchased by Japanese telecommunications company  SoftBank Corporation,[6]  although the remaining shares of the company continue to trade on the  New York Stock Exchange. 

Sprint traces its origins to the Brown Telephone Company, which was founded in 1899 to deploy telephone service to the rural area around  Abilene,  Kansas. In 2006, Sprint exited the  local landline telephone  business,    spinning  those assets off into a newly created company named  Embarq, which later became a part of  CenturyLink. The company continues to be one of the largest  long distance  providers in the United States. 

Prior to 2005, the company was also known as the Sprint Corporation, but took the name  Sprint Nextel Corporation  when it  merged  with    Nextel Communications  that year. In 2013, following the shutdown of the Nextel network and concurrent with the acquisition by SoftBank, the company returned to using simply Sprint Corporation. In July 2013, as part of the SoftBank transactions, Sprint acquired the remaining shares of wireless broadband carrier  Clearwire Corporation  which it did not already own. 

On August 6, 2014, it was announced that CEO  Dan Hesse  would be replaced by  Marcelo Claure, effective August 11, 2014. Claure is the founder and former CEO of wireless supplier  Brightstar

 

Sprint Properties For Sale Across the United States:

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky,  Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey,  New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma,  Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Virgin Islands,  Washington, West Virginia,  Wisconsin,  Wyoming    



 

 NNN Properties  For 1031 Exchange 

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