Average Sale and Lease Details
| Price Range 12mo avg: | $892K – $3.5M |
|---|---|
| $/sf 12mo avg: | $654 |
| CAP Rate 12mo avg: | 6.38% |
| NOI average: | $116402 |
| Lease Terms: | 10yrs |
| Typical Lease Type: | NN |
| Building Size avg: | 3212 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.
NYSE: VZ
Annual Reports
Verizon Wireless Financial Highlights
| S&P Credit Rating: | BBB+ |
|---|---|
| Moody’s Credit Rating: | Baa1 |
| Annual Revenue 2017: | $126B |
| Annual Revenue 2016: | $125.98B |
| Revenue Growth: | ↑ 0.04% 2016 |
|---|---|
| Net Income | $30.55B |
| Units (Dec. 2017) | 7313 |
| Average Units Volume: | $17.2M |
Recent Closings for Verizon Wireless and Similar Tenants