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Single-Tenant Office

Verizon

6955 W Morelos Pl, Chandler, AZ 85226

Listing Price: Request For Offer

Gross SF
170,647
Rentable SF
170,647
Lot Size
12.13 acres
Year Built
2002

Investment Overview

Investment Grade Tenant | Mission-Critical Support Facility -The Subject Property Accommodates C-Suite Functions, Customer Service Representatives, and Sales Professionals -In 2021, Verizon Experienced Strong Growth of Over 4.1% in Revenue ($133.6 Billion) -Verizon is Poised for Strong Future Growth with the Continued Rollout of 5G – Reports Indicate that 1 in 3 Verizon Customers Already Possess a 5G Compatible Device -Verizon is Listed as the #1 Provider of Wireless and Communications Services in the U.S. with Nearly 143 Million Customers -NNN Lease with Minimal Landlord Responsibilities | Tenant Extended Its Lease Early in 2018, Proving Tenant’s Commitment to the Location Excellent Surrounding Area & Strong Real Estate Fundamentals -Chandler is Arizona’s 4th Largest City with a Population of 265,797 | Chandler is Listed as One of Arizona’s Most Desirable and Fastest-Growing Communities -Located Just 13 Miles from Phoenix Sky Harbor International Airport (PHX) and Just 12 Miles From Downtown Tempe and Arizona State University (ASU) -Abundant Parking with Multiple Points of Ingress and Egress from W. Morelos Place -Located in the High Traffic Chandler Freeways Business Park – Other Nearby Tenants Include Design Build Firm (DBSI), Arizona Nutritional Supplements, Avnet, Inc. (a Global Leader of Electronic Components and Services), and Rinchem Company (the Largest Network of Chemical & Gas Distribution Centers Globally)

Investment Highlights

  • Verizon Communications Inc. (NYSE: VZ) is an Investment-Grade Tenant (Moody's: Baa1) with a Market Cap of $224.91B and 2021 Revenue of $133.6B
  • Verizon Has Occupied the Subject Property Since Construction in 2004 – The Property Serves as Verizon's Mission-Critical Support Facility and is a One of a Kind for Verizon's Western U.S. Operations
  • Less Than 1/2 Mile from Major Freeways Such As Interstate 10 (±155,000 Cars Per Day) and AZ Highway 202 (±80,000 Cars Per Day) | Close Proximity to Phoenix, Tempe, and Downtown Chandler, AZ

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Single-Tenant Office

Verizon

Listing Price: Request For Offer

Gross SF
170,647
Rentable SF
170,647
Lot Size
12.13 acres
Year Built
2002

Investment Highlights

  • Verizon Communications Inc. (NYSE: VZ) is an Investment-Grade Tenant (Moody's: Baa1) with a Market Cap of $224.91B and 2021 Revenue of $133.6B
  • Verizon Has Occupied the Subject Property Since Construction in 2004 – The Property Serves as Verizon's Mission-Critical Support Facility and is a One of a Kind for Verizon's Western U.S. Operations
  • Less Than 1/2 Mile from Major Freeways Such As Interstate 10 (±155,000 Cars Per Day) and AZ Highway 202 (±80,000 Cars Per Day) | Close Proximity to Phoenix, Tempe, and Downtown Chandler, AZ

Investment Overview

Investment Grade Tenant | Mission-Critical Support Facility -The Subject Property Accommodates C-Suite Functions, Customer Service Representatives, and Sales Professionals -In 2021, Verizon Experienced Strong Growth of Over 4.1% in Revenue ($133.6 Billion) -Verizon is Poised for Strong Future Growth with the Continued Rollout of 5G – Reports Indicate that 1 in 3 Verizon Customers Already Possess a 5G Compatible Device -Verizon is Listed as the #1 Provider of Wireless and Communications Services in the U.S. with Nearly 143 Million Customers -NNN Lease with Minimal Landlord Responsibilities | Tenant Extended Its Lease Early in 2018, Proving Tenant’s Commitment to the Location Excellent Surrounding Area & Strong Real Estate Fundamentals -Chandler is Arizona’s 4th Largest City with a Population of 265,797 | Chandler is Listed as One of Arizona’s Most Desirable and Fastest-Growing Communities -Located Just 13 Miles from Phoenix Sky Harbor International Airport (PHX) and Just 12 Miles From Downtown Tempe and Arizona State University (ASU) -Abundant Parking with Multiple Points of Ingress and Egress from W. Morelos Place -Located in the High Traffic Chandler Freeways Business Park – Other Nearby Tenants Include Design Build Firm (DBSI), Arizona Nutritional Supplements, Avnet, Inc. (a Global Leader of Electronic Components and Services), and Rinchem Company (the Largest Network of Chemical & Gas Distribution Centers Globally)

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

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