Verizon | Prime Corner Location
$2,581,000
805 Broad Street, Rome, GA 30161
7.75
Cap Rate
200,000
NOI
Details:
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.
Documents:
| Title | ||
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| Offering Memorandum |
Location
Gallery
