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- LoopNet Team
1402 Tallahassee Hwy
Bainbridge, GA 39819
Verizon Wireless · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Successful Verizon location since 2006 with fresh lease signed in 2018
- Lease guaranty from Cellular Sales of Knoxville, Inc., Verizon's largest U.S. retailer
- Directly off US-84 with highway visibility from pylon sign
- Limited LL responsibilities
- Located within a regional trade area anchored by Walmart & Home Depot
- 10% rent escalation in each option
PROPERTY FACTS
ABOUT 1402 TALLAHASSEE HWY , BAINBRIDGE, GA 39819
Desirable Lease Structure - Successful Verizon location since 2006 with fresh lease signed in 2018 - 10% rent escalation in each option - Limited LL responsibilities - Lease guaranty from Cellular Sales of Knoxville, Inc. Cellular Sales of Knoxville, Inc. - Company valued at ±$2 billion - 2017 revenues of $1.7 billion - Verizon's largest U.S. retailer - 750+ locations across 41 states Strong Location, Visibility & Access - Located within a regional trade area anchored by Walmart & Home Depot - Directly off US-84 with highway visibility from pylon sign - Fundamental building layout that is parallel to the road - Large parcel size of 1.30 acres with ample parking - Frontage along Tallahassee Hwy (±8,330 VPD)
PROPERTY TAXES
| Parcel Number | B053A-016-000 | Improvements Assessment | $98,594 |
| Land Assessment | $156,000 | Total Assessment | $254,594 |
PROPERTY TAXES
