Verizon Wireless

Average Sale and Lease Details

Price Range 12mo avg: $395K – $26.37M
$/sf 12mo avg: $637
CAP Rate 12mo avg: 6.23%
NOI average: $242,107
Lease Terms: 10yrs
Typical Lease Type: NN
Building Size avg: 4,125 SF
Lot Size avg: 1+/- acres

About Verizon Wireless

Verizon Wireless is wholly owned by Verizon Communications Inc. and is headquartered in Basking Ridge, N.J. Verizon Communications Inc. (NYSE, NASDAQ:VZ) is a global leader in delivering broadband and other wireless and wireline communications services to consumer, business, government and wholesale customers.

Verizon Wireless is an innovative wireless communications company that connects people and businesses with the most advanced wireless technology and service available.

The company launched the nation’s first 3G wireless broadband network. They were also the first tier-one wireless provider in the nation to build and operate a 4G LTE network. With 4G LTE, customers can access the Internet and stream media faster than ever—and experience their mobile world in real-time.



Annual Reports

Verizon Wireless Financial Highlights

S&P Credit Rating: BBB+
Moody’s Credit Rating: Baa1
Annual Revenue 2015: $131.6B
Annual Revenue 2014: $127.08B
Revenue Growth: 3.51 2014
Net Income $18.38B
Units (Jan. 2015) 1,700
Average Units Volume: $77.42M

Recent Closings for Verizon Wireless and Similar Tenants

SOLD Net Leased Verizon Wireless

Verizon Wireless

Killeen, TX