Lowest Cap Rate
5.60%
Lowest Cap Rate over past 24 months
Average Cap Rate
6.96%
12 mo avg with 3+ yr lease term
Average Cap Rate calculated if 3+ comps are available over past 12 months
Quarter Cap Rate
7.42%
Average Cap Rate over previous quarter
Overview
Verizon Wireless is one of the most recognizable telecom companies in the US and is one of the top Fortune 500 companies, with annual revenue of over $130 Billion. Verizon offers both NN and NNN leases with 10 year terms, with rental escalations anywhere from 5%-10% every 5 years.
Property & Lease
Sales Price Range$1,750,000 - $4,000,000
NOI Range$100,000 - $250,000
Building SF3,000
Lease Term10 Years
Escalations5 - 10% Every 5 Years
Stock SymbolNYSE:VZ
Credit Rating
S&PBBB+
Moody'sBaa1
Cap Rate By Region
8.13
6.56
6.66
5.63
N/A
4.63
*Regional cap rates calculated from sales data available over the past 24 months, irrespective of remaining term.
Financial Fundamentals
- Overview
- Cap Rate By Region
- Financial Fundamentals
- Stock Analysis
Recent Sales Comps
Bloomington, IL6.25%
Largo, FL6.51%
Orland Park, IL9.50%
Top Consumer Traffic
Taylor, MI158,800*
New Orleans, LA157,800*
E. Rutherford, NJ156,300*
Provided by Placer.ai
*Indicates ranking may be skewed due to limited data
