Electronics

Verizon

1305 S Alma School Rd, Mesa (Phoenix), AZ 85210

Listing Price: $3,617,000

Cap Rate
5.75%
Tenant Name
Verizon Wireless (VAW), LLC / Corporate
Years Remaining On Lease
6.6
Guarantor
No Guarantee
Rentable SF
4,000
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$52.00

Investment Overview

Verizon is the largest wireless telecommunications provider in the United States. The company offers the largest 4G LTE network in America and the nation’s largest high-speed 3G network. Located in Maricopa County and just 15 miles east of Phoenix, Mesa covers 132 square miles, is the third largest city in Arizona and the 38th largest city in the nation with a population of 462,300.

Investment Highlights

  • Seven Years Remaining on Corporate Lease
  • Dominant Retail Corridor Across From In-N-Out Burger
  • Re-Location Store
  • Excellent Position on Hard Corner Visible to Over 36,400 Cars per Day
  • Across from The Landing at Fiesta Village - 240 High-End Mix-Use Apartments with Restaurants and Commercial Space

Exclusively Listed By

Listing Price: $3,617,000

Cap Rate
5.75%
Tenant Name
Verizon Wireless (VAW), LLC / Corporate
Years Remaining On Lease
6.6
Guarantor
No Guarantee
Rentable SF
4,000
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$52.00

Investment Highlights

  • Seven Years Remaining on Corporate Lease
  • Dominant Retail Corridor Across From In-N-Out Burger
  • Re-Location Store
  • Excellent Position on Hard Corner Visible to Over 36,400 Cars per Day
  • Across from The Landing at Fiesta Village - 240 High-End Mix-Use Apartments with Restaurants and Commercial Space

Investment Overview

Verizon is the largest wireless telecommunications provider in the United States. The company offers the largest 4G LTE network in America and the nation’s largest high-speed 3G network. Located in Maricopa County and just 15 miles east of Phoenix, Mesa covers 132 square miles, is the third largest city in Arizona and the 38th largest city in the nation with a population of 462,300.

Exclusively Listed By

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