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Electronics

Verizon | Recent 8-Year Lease Extension | Investment Grade Credit Tenant (NYSE: VZ | S&P: BBB+)

890 Lawrenceville-Suwanee Rd, Lawrenceville, GA 30043

Listing Price: $2,770,000

Cap Rate
6.50%
Tenant Name
Verizon Wireless
Years Remaining On Lease
8.2
Guarantor
Corporate Guarantee
Rentable SF
4,500
Lease Type
Double Net
Rent Per Square Feet
$40.00

Investment Overview

Marcus & Millichap is pleased to present a Verizon located in Lawrenceville, GA (Atlanta MSA).

Investment Highlights

  • Investment Grade Credit Tenant (NYSE: VZ | S&P BBB+)
  • Recent Long-Term Lease Extension with 10% Rental Increases Every 4 Years
  • Situated at a Stoplight Intersection with 30,000+ Cars Per Day
  • Located in a Major Commercial Trade Area with Several Big-Box Retailers
  • Atlanta MSA – 221,000+ People in 5-Miles

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Electronics

Verizon | Recent 8-Year Lease Extension | Investment Grade Credit Tenant (NYSE: VZ | S&P: BBB+)

Listing Price: $2,770,000

Cap Rate
6.50%
Tenant Name
Verizon Wireless
Years Remaining On Lease
8.2
Guarantor
Corporate Guarantee
Rentable SF
4,500
Lease Type
Double Net
Rent Per Square Feet
$40.00

Investment Highlights

  • Investment Grade Credit Tenant (NYSE: VZ | S&P BBB+)
  • Recent Long-Term Lease Extension with 10% Rental Increases Every 4 Years
  • Situated at a Stoplight Intersection with 30,000+ Cars Per Day
  • Located in a Major Commercial Trade Area with Several Big-Box Retailers
  • Atlanta MSA – 221,000+ People in 5-Miles

Investment Overview

Marcus & Millichap is pleased to present a Verizon located in Lawrenceville, GA (Atlanta MSA).

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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