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Verizon | Corp NN | Long Term Occupancy 805 Broad St

4,000 SF Retail Building Rome, GA 30161 $4,049,712 CAD ($1,012 CAD/SF) 7% Cap Rate

Retail Buildings Georgia Rome 805 Broad St, Rome, GA 30161

Investment Highlights

  • Freestanding | Corporate Guaranteed | Option To Extend | Well Known & Established Tenant | Long Term Occupancy
  • Retail Corridor | Near Riverbend Shopping Center (5.7M+ Visits) Signalized, Hard Corner Intersection (Combined 45,000 VPD)
  • NN | Fee Simple Ownership | Limited Landlord Responsibilities
  • Strong Demographics In 5-Mile Trade Area

Executive Summary

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in freestanding, NN leased, Verizon investment property located in Rome, Georgia. The tenant has approximately 4 years remaining with 1 (5-year) option to extend. The lease features a 10% rental increase at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NN with minimal landlord responsibilities making it an ideal, low-management investment opportunity for an out of state investor. Founded in 2000, Verizon is one of the world’s leading providers of technology and communication services and generated revenue exceeding $134 billion in 2023.

Attachments

Rome GA - Verizon OM

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,000 SF
Building Class
B
Year Built
2006
Price
$4,049,712 CAD
Price Per SF
$1,012 CAD
Cap Rate
7%
NOI
$283,494 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.67 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C-C - Community Commercial
Parking
29 Spaces (7.25 Spaces per 1,000 SF Leased)
Frontage
151 ft on Broad St.

Amenities

  • Corner Lot
  • Dedicated Turn Lane
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Air Conditioning

Links

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Walk Score ®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Mcalister's Deli
Orangetheory Fitness
Checkers
Synovus Bank
Steak ‘n Shake
Applebee's
Workout Anytime
Outback Steakhouse
Starbucks
Texas Roadhouse

PROPERTY TAXES

Parcel Number J13Y-013 Improvements Assessment $654,304 CAD
Land Assessment $586,579 CAD Total Assessment $1,240,883 CAD

PROPERTY TAXES

Parcel Number
J13Y-013
Land Assessment
$586,579 CAD
Improvements Assessment
$654,304 CAD
Total Assessment
$1,240,883 CAD
(973) 632-1386

Contacts

  • Listing ID: 34049548

  • Date on Market: 2024-12-02

  • Last Updated:

  • Address: 805 Broad St, Rome, GA 30161

The Retail Property at 805 Broad St, Rome, GA 30161 is currently available for sale. Contact SRS Real Estate Partners for more information.

Nearby Listings

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805 Broad St, Rome, GA for sale Building Photo- Image 1 of 10
Rome GA - Verizon
805 Broad St, Rome, GA for sale Building Photo- Image 2 of 10
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805 Broad St, Rome, GA for sale Building Photo- Image 3 of 10
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805 Broad St, Rome, GA for sale Building Photo- Image 5 of 10
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805 Broad St, Rome, GA for sale Building Photo- Image 6 of 10
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805 Broad St, Rome, GA for sale Building Photo- Image 8 of 10
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805 Broad St, Rome, GA for sale Building Photo- Image 9 of 10
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Verizon | Corp NN | Long Term Occupancy | 805 Broad St
(973) 632-1386 x

Verizon | Corp NN | Long Term Occupancy | 805 Broad St

1/2

Kyle Fant

(973) 632-1386

(973) 632-1386

Britt Raymond

(929) 229-2614

(929) 229-2614

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