660 Old Franklin Tpke
Rocky Mount, VA 24151

Marcus & Millichap is pleased to present the exclusive listing for a 2,464 square-foot new construction, freestanding Verizon Wireless located in Rocky Mount, Virginia. Verizon Wireless signed a new triple-net lease with 10 years remaining that includes (2) 5-year options and a new 15-year roof warranty. The Verizon Wireless investment offering also includes ideal 5% rent increases in the base term and in the option periods. The investment offers a corporate guarantee from Cellular Sales, the largest operator of Verizon Wireless with over 600 locations. The subject property is located on the major thoroughfare in Rocky Mount, Old Franklin Turnpike, that runs through southwest Virginia. The subject property is located in a dense retail trade area that include Walmart, Lowe’s, Kroger, Walgreens, CVS Pharmacy, BB&T Bank, Sherwin Williams, Advance Auto Parts, AutoZone, Subway, Sherwin Williams, Burger King, McDonald’s, Food Lion, Holiday Inn, Domino’s Pizza, and many more. Rocky Mount, VA is located in the Roanoke Region of Virginia, home to a diverse economic base that include finance, service, retail transportation, manufacturing, health care, and life sciences. The region serves as the medical, cultural, retail, media, and commercial center for nearly a million people, and is the largest place for employment opportunities in western Virginia. Several corporations have national and regional headquarters in the Roanoke Region including BB&T, Bank of America, First Citizens Bank, SunTrust, KPMG, Advance Auto, Norfolk Southern, MeadWestvaco, Yokohama, and many more.