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Verizon Wireless 149 Fitness Way 4 500 pi² Commerce de détail Immeuble Johnson City, TN 37604 4 933 496 $ CAD (1 096,33 $ CAD/pi²) 6% Taux de capitalisation

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Certaines informations ont été traduites automatiquement.

Faits saillants de l'investissement

CORPORATE VERIZON LEASE
PRIME SITE IN FRONT OF LOWE'S AND KOHL'S

VERIZON JUST EXTENDED THE LEASE AGAIN

Résumé de l'annonce

A high-visibility, single-tenant retail asset leased to Cellco Partnership d/b/a Verizon under a corporate NN lease. Positioned just south of I-26 in one of Johnson City’s strongest retail corridors, the property sits directly in front of Lowe’s and Kohl’s, with Johnson City Crossing and Home Depot directly across the street.
This 4,500 SF freestanding building was constructed in 2006 and benefits from Verizon’s recent lease extension, with the current term running from August 1, 2026 through July 31, 2031. The lease features no remaining options, creating a defined income stream at $213,345 annually. Offered at $3,555,750, the asset represents a 6.00% cap rate. Surrounded by major retailers, regional banks, medical centers, and hospitals, the site enjoys excellent traffic, strong consumer draw, and convenient access to the broader Tri-Cities region. Johnson City is a growing economic hub in Northeast Tennessee, supported by healthcare, education, manufacturing, and a population base that continues to expand—making this an attractive, investment-grade net lease opportunity in a proven retail location.

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

4 500 pi²

Classe d’immeuble

Année de construction

2006

Prix

4 933 496 $ CAD

Prix par pi²

1 096,33 $ CAD

Taux de capitalisation

Revenu net d’exploitation

296 010 $ CAD

Location

Unique

Hauteur du bâtiment

1 étage

Coefficient d’occupation des sols de l’immeuble

0,13

Taille du lot

0,81 AC

Zonage

commercial

Stationnement

20 places (4,44 places par 1 000 pi² loué)

Façade

84’ sur Fitness Way

Enseigne sur pylône

Affichage

Information
99,999 SF
-
Jan 0000

Verizon Communications was formed through the merger of Bell Atlantic and GTE and began operating as a combined company in 2000. Verizon operates as a communications technology company with consumer and business groups, alongside public sector and network-focused offerings. The company provides wireless service, broadband connectivity, fiber-based services, and solutions for enterprise and government customers. The company maintains ongoing investment in network expansion and product development across mobility, broadband, and business services.