Electronics
Verizon Wireless | Relocation Store | New 10-Year Lease
2709 E Gulf to Lake Hwy, Inverness (Tampa MSA), FL 34453
Listing Price: $2,035,000
Cap Rate
5.65%
Tenant Name
Verizon Wireless
Years Remaining On Lease
10.3
Guarantor
Corporate Guarantee
Rentable SF
3,891
Lease Type
Double Net
Rent Per Square Feet
$29.56
Investment Overview
Marcus & Millichap is pleased to present the Verizon in Inverness, FL.
Verizon Wireless | Relocation Store | New 10-Year Lease
Investment Highlights
- 10-Year Lease with 10% Increases Every 5 Years
- Relocation of High-Performing In-Line Store in Same Center
- Cellular Sales of Knoxville Guaranty with 800+ Locations, 2nd Largest Verizon Franchisee in the U.S.
- One of the Fastest-Growing Privately Owned Retailers in the U.S.
- Brand New Construction with Latest Prototype Design, Minimal Landlord Responsibilities
- Serving Over 153,600 Residents in Rapidly Growing Regional Trade Area Between Tampa, The Villages, and Ocala
- Close Proximity to Citrus Hills, a New Master-Planned Community with 10,000+ High-End Homes
- Just West of Hampton Hills Development with 1,476 New Homes
Exclusively Listed By
Broker of Record
Electronics
Verizon Wireless | Relocation Store | New 10-Year Lease
Listing Price: $2,035,000
Cap Rate
5.65%
Tenant Name
Verizon Wireless
Years Remaining On Lease
10.3
Guarantor
Corporate Guarantee
Rentable SF
3,891
Lease Type
Double Net
Rent Per Square Feet
$29.56
Investment Highlights
- 10-Year Lease with 10% Increases Every 5 Years
- Relocation of High-Performing In-Line Store in Same Center
- Cellular Sales of Knoxville Guaranty with 800+ Locations, 2nd Largest Verizon Franchisee in the U.S.
- One of the Fastest-Growing Privately Owned Retailers in the U.S.
- Brand New Construction with Latest Prototype Design, Minimal Landlord Responsibilities
- Serving Over 153,600 Residents in Rapidly Growing Regional Trade Area Between Tampa, The Villages, and Ocala
- Close Proximity to Citrus Hills, a New Master-Planned Community with 10,000+ High-End Homes
- Just West of Hampton Hills Development with 1,476 New Homes
Investment Overview
Marcus & Millichap is pleased to present the Verizon in Inverness, FL.
Exclusively Listed By
Broker of Record
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