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1445 Express Way
Griffin, GA 30223
Verizon Wireless · Commerce de détail Propriété À vendre
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Faits saillants de l'investissement
- Leased to Verizon Wireless (Cellco Partnership), a leading national wireless telecommunications provider with an established presence at the property.
- NNN lease structure with no landlord responsibilities
- Located along N. Expressway near Walmart and other established retailers, benefiting from a well-developed commercial trade area.
- Current five-year renewal term through October 31, 2029, providing contractual income visibility to the investor.
- Approximately 1.10-acre site located along N. Expressway in Griffin, Georgia.
- Established commercial location serving the Griffin market and surrounding communities, providing a stable setting for a national wireless tenant.
Résumé de l'annonce
This investment offering presents the opportunity to acquire a Verizon Wireless leased property located at 1445 N. Expressway in Griffin, Georgia. The property
encompasses approximately 1.10 acres and is leased to Verizon Wireless under the Fourth Renewal Term, which commenced November 1, 2024 and extends
through October 31, 2029.
The lease provides current annual base rent of $122,899.44, or $10,241.62 per month. The NNN lease structure places significant property-related obligations on the Tenant, including required insurance premiums and other expenses assigned under the Lease, providing an investor with a relatively passive income profile. The Fourth Amendment also confirms the continuation of the existing lease provisions except where specifically modified.
encompasses approximately 1.10 acres and is leased to Verizon Wireless under the Fourth Renewal Term, which commenced November 1, 2024 and extends
through October 31, 2029.
The lease provides current annual base rent of $122,899.44, or $10,241.62 per month. The NNN lease structure places significant property-related obligations on the Tenant, including required insurance premiums and other expenses assigned under the Lease, providing an investor with a relatively passive income profile. The Fourth Amendment also confirms the continuation of the existing lease provisions except where specifically modified.
Faits sur la propriété
Type de vente
Investissement pour loyer hypernet
Type de propriété
Commerce de détail
Sous-type de propriété
Immeuble de commerce
Taille du bâtiment
4 150 pi²
Classe d’immeuble
B
Année de construction
1982
Prix
2 905 560 $ CAD
Prix par pi²
700,13 $ CAD
Taux de capitalisation
5,85%
Revenu net d’exploitation
169 975 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,09
Taille du lot
1,10 AC
Zonage
PCD - Développement commercial prévu
Stationnement
60 places (14,46 places par 1 000 pi² loué)
Façade
190’ sur Express Way
Commodités
- Affichage
Impôts fonciers
| Numéro de lot | 066-01-044 | Évaluation des bâtiments | 373 975 $ CAD |
| Évaluation du terrain | 484 964 $ CAD | Évaluation totale | 858 939 $ CAD |
Impôts fonciers
Numéro de lot
066-01-044
Évaluation du terrain
484 964 $ CAD
Évaluation des bâtiments
373 975 $ CAD
Évaluation totale
858 939 $ CAD
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