Your email has been sent.
Verizon Wireless 2690 Hwy 95 2,554 SF Retail Building Bullhead City, AZ 86442 $2,000,000 ($783.09/SF) 6.40% Cap Rate
Executive Summary
- Verizon Wireless (NYSE: VZ) ranks 30 on the Fortune 500 with $134.8 billion in annual revenue and an S&P investment grade credit rating of BBB+.
- The operator, Cellular Sales of Knoxville, is the largest Verizon franchisee operating ±872 stores across 43 states. Their corporate entity is guaranteeing this lease.
- The Property has frontage and excellent visibility on the hard corner of Mohave Valley Hwy (AZ-95) and Newberry Dr (±32,628 VPD) (Source: ADOT, 24).
- The City Centre District, a ±246-acre mixed-use development by Mantle Investments, is just north of the Property. This project will feature 12 development districts including multifamily housing, build-to-rent communities, senior living, retail shops, a central residential park, and a vibrant commercial main street in the heart of the city (Source: azbex.com).
- Mohave High School (±1,101 Students) is ±4 minutes north (Source: US News).
- Western Arizona Regional Medical Center is located ±9 minutes east of the Property, which features ±139 beds, ±700 employees and contributes ±$101 million to Bullhead City’s economy (Source: Western Arizona Regional Medical Center).
- Nearby national retailers include Walmart Supercenter, Goodwill, Smart & Final, Hobby Lobby, Circle K, Walgreens, CVS, C-A-L Ranch Stores, and more.
- Bullhead City, AZ is just south of Laughlin, NV, a popular tourist destination attracting nearly 2 million visitors annually to its eight resort casinos (Source: Visitlaughlin.com).
- Laughlin’s casinos generate over $823 million in revenue, with over $525 million in gaming revenue alone (Source: UNLV Center for Gaming Research).
Data Room Click Here to Access
Property Facts
Amenities
- Corner Lot
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Information
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Verizon Communications Inc. is a leading global telecommunications company headquartered at 1095 Avenue of the Americas in New York City. Incorporated in Delaware and founded in 1983 as Bell Atlantic, Verizon has evolved into one of the world’s largest providers of wireless communications, broadband connectivity, digital television, and enterprise technology solutions. Its New York headquarters houses the company’s Board of Directors and serves as the center for strategic planning, finance, legal operations, public affairs, and corporate governance. The broader corporate organization includes an operational headquarters in Basking Ridge, New Jersey, where many executive leadership functions and core business teams are based. With more than 99,000 employees globally, Verizon supports millions of consumers and businesses, including nearly all Fortune 500 companies, with next-generation network infrastructure, 5G mobility, IoT solutions, cloud services, and cybersecurity offerings.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Information | - | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 220-15-162L | Improvements Assessment | $662,497 |
| Land Assessment | $261,980 | Total Assessment | $924,477 |
Property Taxes
Presented by
Verizon Wireless | 2690 Hwy 95
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.