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Verizon | Prime Corner Location

$2,581,000

805 Broad Street, Rome, GA 30161

Active
Last Updated: 06/05/2025

7.75

Cap Rate

200,000

NOI

Details:
Cap Rate:    7.75%
NOI:    $200,000
Building Size:    4,000 sqft
Lot Area:    0.67 acres
Lease Type:    Double Net
Description:

INVESTMENT HIGHLIGHTS
● Strong Corporate Backing: Backed by a corporate guarantee from Verizon, a leader in telecommunications.
● Hassle-Free Ownership: Minimal landlord responsibilities make this an ideal passive investment.
● Proven Track Record: Verizon has successfully operated at this location for over ±19 years, with a history of renewals.

LOCATION HIGHLIGHTS
● Prime Corner Location: Positioned at a signalized intersection of Broad Street and Turner McCall Boulevard for maximum accessibility.
● High Visibility: Offers an impressive daily traffic count of over ±43,000 vehicles.
● Retail Hub: Surrounded by nationally recognized retailers including Home Depot, CVS, Circle K and Auto Zone.

TENANT HIGHLIGHTS
● Industry Leader: Verizon is a publicly traded company (NYSE: VZ) with a market capitalization of $185 billion.
● Investment-Grade Credit: Rated BBB+ by S&P Global and Baa1 by Moody’s, reflecting strong financial stability.
● Extensive Presence: Over 25 years of operational excellence and an expansive network of 6,866+ locations nationwide.

Map:
Documents:
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Offering Memorandum
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