Property Details

Verizon Wireless

Thomasville, GA
Property ID: 10693

Financial Summary

Asking Price $1,985,401
Cap Rate 6.85%
Net Operating Income (NOI) $136,000
Lease Type NN
Lease Term Remaining 6+ Years

Offering Memorandum

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Contact

Michael Berk
Investment Sales Associate
404.835.7666
Sheree Strome, CCIM
Director
404.900.5629
Andrew Fallon
Executive Managing Director
703.787.4733

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Highlights

  • Corporate net lease executed by Cellco Partnership
  • Recent lease extension thru 2025 demonstrates Verizons success and commitment
  • Verizon has operated at this location for 12+ yrs
  • Excellent location on main out-parcel at entrance to Lowe’s and Publix (brand new)
  • Verizon has prominent pylon signage, increasing the visibility from US-19 and US-84
  • New store signage reflecting corporate re-branding by Verizon
  • Below Market Rents ($34/sf vs $50/sf BTS)

Net Lease Advisor

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Location

13915 US Highway 19 S
Thomasville, GA

Leigh ClineVerizon Wireless