Tenant: Verizon | Elberton, GA
Premises: 4,000 SF
Lease Expiration: 11/30/2022
Lease Type: NNN
Sands Investment Group is Pleased to Present Exclusively For Sale the 4,000 SF Verizon NNN Lease Investment Located at 894 Elbert Street in Elberton, Georgia. The Tenant Has Been at This Location For Over 10 Years, Providing For a Secure Investment.
In Cooperation With Sands Investment Group Atlanta, LLC – Lic. # 67374
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities
Verizon, headquartered in Basking Ridge, New Jersey is an American wireless network operator founded in 2000 as a joint venture of American telecommunications firm Bell Atlantic. It operates a national 4G LTE network covering about 99 percent of the U.S. population, which in the second half of 2020 won or tied for top honors in each category of the RootMetrics RootScore Reports. Verizon Wireless offers mobile phone services through a variety of devices. The company offers both standard post-paid and prepaid subscription plans. It distributes new and pre-owned phones from manufacturers including Samsung Electronics, BlackBerry, LG, and Apple. The company also offers mobile data services, including text messaging, multimedia content (V CAST), and Web access.
The mobile network previously operated as a separate division of Verizon Communications under the name of Verizon Wireless. In a 2019 reorganization, Verizon moved the wireless products and services into two new divisions, Verizon Consumer and Verizon Business. Verizon is the second-largest wireless carrier in the United States, with 120.9 million subscribers as of the end of Q4 2020.
Verizon Communications Inc. was formed on June 30, 2000. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $128.3 billion in 2020.
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