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Verizon Wireless 2690 Hwy 95 2,554 SF Retail Building Bullhead City, AZ 86442 $2,774,800 CAD ($1,086.45 CAD/SF) 6.40% Cap Rate
EXECUTIVE SUMMARY
- Verizon Wireless (NYSE: VZ) ranks 30 on the Fortune 500 with $134.8 billion in annual revenue and an S&P investment grade credit rating of BBB+.
- The operator, Cellular Sales of Knoxville, is the largest Verizon franchisee operating ±872 stores across 43 states. Their corporate entity is guaranteeing this lease.
- The Property has frontage and excellent visibility on the hard corner of Mohave Valley Hwy (AZ-95) and Newberry Dr (±32,628 VPD) (Source: ADOT, 24).
- The City Centre District, a ±246-acre mixed-use development by Mantle Investments, is just north of the Property. This project will feature 12 development districts including multifamily housing, build-to-rent communities, senior living, retail shops, a central residential park, and a vibrant commercial main street in the heart of the city (Source: azbex.com).
- Mohave High School (±1,101 Students) is ±4 minutes north (Source: US News).
- Western Arizona Regional Medical Center is located ±9 minutes east of the Property, which features ±139 beds, ±700 employees and contributes ±$101 million to Bullhead City’s economy (Source: Western Arizona Regional Medical Center).
- Nearby national retailers include Walmart Supercenter, Goodwill, Smart & Final, Hobby Lobby, Circle K, Walgreens, CVS, C-A-L Ranch Stores, and more.
- Bullhead City, AZ is just south of Laughlin, NV, a popular tourist destination attracting nearly 2 million visitors annually to its eight resort casinos (Source: Visitlaughlin.com).
- Laughlin’s casinos generate over $823 million in revenue, with over $525 million in gaming revenue alone (Source: UNLV Center for Gaming Research).
DATA ROOM Click Here to Access
PROPERTY FACTS
AMENITIES
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MAJOR TENANTS Click Here to Access
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Verizon Communications is a publicly traded telecommunications company (NYSE:?VZ) headquartered in New York City, with its operational hub located in Basking Ridge, New Jersey. Founded in 1983 through the Bell Atlantic merger, Verizon delivers diverse services including wireless voice and data, broadband (Fios), and enterprise solutions. It operates an authorized retail store in Bordentown, NJ, located at 276B Dunns Mill Road, offering wireless devices, plans, and home internet services. As of 2024, Verizon employed approximately 99,600 people and reported annual revenues around $135 billion. In October 2025, Daniel H. Schulman, former CEO of PayPal, succeeded Hans Vestberg as CEO and is leading a strategic restructuring, including workforce reductions and integration of the Frontier Communications acquisition. Verizon is a major player in 5G and fiber deployment and is included in the Dow Jones Industrial Average.
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Information | - | $9.99 | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 220-15-162L | Improvements Assessment | $919,148 CAD |
| Land Assessment | $363,471 CAD | Total Assessment | $1,282,619 CAD |
PROPERTY TAXES
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Verizon Wireless | 2690 Hwy 95
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