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Shopping Strip

Verizon & Jimmy John's

121 Lauren Ln, Woodstock, GA 30189

Listing Price: $2,112,000

Cap Rate
8.00%
Gross SF
5,680
Rentable SF
5,680
Price/Gross SF
$371.83
Lot Size
0.97 acres
Year Built
2005

Investment Overview

Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology and communications services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $136.8 billion in 2022. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.

Jimmy John’s is one of the largest sandwich chains in the US. Founded in 1983, Jimmy John’s offers high-quality sandwiches with rapid preparation. In 2016, Roark Capital Group purchased a majority stake in the company. Later, in 2019, Inspire Brands purchased the company from Roark Capital Group for an unspecified amount.

Investment Highlights

  • 100% LEASED TO TWO (2) NATIONAL BRAND TENANTS
  • CORPORATE VERIZON LEASE
  • 18-YEAR OPERATING HISTORY FOR VERIZON
  • 10-YEAR OPERATING HISTORY AS JIMMY JOHN'S
  • JIMMY JOHN'S FEATURES A DRIVE-THRU
  • SURROUNDED BY: SUPER TARGET, HOME DEPOT, LOWE'S, KOHL'S AND MORE
  • INCREDIBLE DEMOGRAPHICS: 184,000+ 5-MILE POPULATION
  • LOCATED ON HIGHWAY 92 | 37,000 VPD

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Shopping Strip

Verizon & Jimmy John's

Listing Price: $2,112,000

Cap Rate
8.00%
Gross SF
5,680
Rentable SF
5,680
Price/Gross SF
$371.83
Lot Size
0.97 acres
Year Built
2005

Investment Highlights

  • 100% LEASED TO TWO (2) NATIONAL BRAND TENANTS
  • CORPORATE VERIZON LEASE
  • 18-YEAR OPERATING HISTORY FOR VERIZON
  • 10-YEAR OPERATING HISTORY AS JIMMY JOHN'S
  • JIMMY JOHN'S FEATURES A DRIVE-THRU
  • SURROUNDED BY: SUPER TARGET, HOME DEPOT, LOWE'S, KOHL'S AND MORE
  • INCREDIBLE DEMOGRAPHICS: 184,000+ 5-MILE POPULATION
  • LOCATED ON HIGHWAY 92 | 37,000 VPD

Investment Overview

Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology and communications services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $136.8 billion in 2022. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control. Jimmy John’s is one of the largest sandwich chains in the US. Founded in 1983, Jimmy John’s offers high-quality sandwiches with rapid preparation. In 2016, Roark Capital Group purchased a majority stake in the company. Later, in 2019, Inspire Brands purchased the company from Roark Capital Group for an unspecified amount.

Exclusively Listed By

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

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