Property ID #: 18692
Tenant Name: Verizon
Street Address:
City: Johnstown
State: PA
Zip: 15904

COMPANY DESCRIPTION

Verizon Wireless offers wireless telecommunications services, devices, and solutions. The company provides 4G LTE network throughout the United States. It serves 108.2 million retail connections and operates more than 1,700 retail locations in the United States. It also offers voice and data services in more than 200 destinations. Verizon Wireless’s online store sells basic phones, smartphones, tablets, mobile hotspots, accessories, apps, games, videos, data plans, music files, and more. Verizon Wireless was founded on April 3, 2000, and is based in New Jersey, United States. The company is wholly owned by Verizon Communications Inc., an American broadband and telecommunications company.

Sector: Telecommunications

FINANCIAL PROFILE

Price: $1,450,000
NOI:
Cap Rate: 6.00
Price PSF: N/A
Rent PSF: N/A
Credit Rating (S&P): BBB+

LEASE ABSTRACT

Lease Type: NN
Years Remaining: 10
Initial Term Increases: 10% increase each option period
Initial Term Lease Begin: 0000-00-00
Initial Term Lease Expiration: 0000-00-00
Renewal Options: Two 5-year options
Option Increases:
Rent Holidays:

PROPERTY OVERVIEW

Type of Ownership:
Year Built: 2020
Year Remodeled :
Tenancy :
Gross Leasable Area (GLA):
Building Size (SFT) : 3
Lot AC :

DEMOGRAPHICS

Population
1-Mile:
3-Mile:
5-Mile:
Average Household Income
1-Mile: 0.00
3-Mile: 0.00
5-Mile: 0.00

INFORMATION REQUEST

Reserve This 1031 Now