Verizon NNN Property For Sale
This investment opportunity features a net lease Verizon property, ideal for investors seeking a stable asset with a strong corporate tenant. Verizon Communications Inc. is a global leader in telecommunications, offering a wide array of services including wireless, internet, and entertainment. The company boasts a strong credit rating and a substantial customer base, ensuring reliable income for the foreseeable future. This property is offered at a competitive cap rate, providing an attractive return on investment. The lease structure is triple net (NNN), minimizing landlord responsibilities.
- Asking price $1.88M
- 6.23% cap rate
- NOI $125,000
- 10 years remaining
- NNN lease
- Building size: 3,500 SF
- Lot size: 1.00 acres
- Rent increases: Varies
- Guarantor: Corporate
Asset type: NNN