805 Broad St - Freestanding FOR SALE


Rome, GA 30161
$2,857,000 USD
973-632-1386
805 Broad St, Rome, GA for Sale
$2,857,000 USD
Freestanding - FOR SALE
1/9
null | 7% Cap Rate

805 Broad St
Rome, GA 30161


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,857,000 USD

PRICE/SF

$700 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Verizon | Corp NN | Long Term Occupancy

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

C-C

APN/PARCEL ID

J13Y-013

ASK ABOUT THIS PROPERTY

Kyle FantSRS Real Estate PartnersMore Info
973-632-1386

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Kyle FantSRS Real Estate PartnersMore Info
973-632-1386

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.