main image

VERIZON WIRELESS | ORLANDO MSA

$3,600,000 | 7.40%

logo

1415 FL-50
Clermont, Florida

Download OM

Under Contract

Features

  • Built-to-Suit for Verizon Wireless in 2008
  • National Tenant – Verizon Wireless | “BBB+” Standard and Poor’s Credit Rating
    • Lease Guaranteed by Verizon Wireless Personal Communications LP | Wholly Owned Subsidiary of Verizon Wireless
  • Double-Net Lease with 2.5 Years of Lease Term Remaining
    • Tenant Holds One, Five-Year Option with 10 Percent Rental Increase
  • Ideally Situated on the Signalized, Hard Corner Intersection of Route 50 and Sandhill View Boulevard
    • 48,000 Vehicles Passing per Day
  • Shadow Anchored by Lowe’s Home Improvement, Dick’s Sporting Goods, and Hobby Lobby
  • Located in Award Winning City Within Orlando Metropolitan Statistical Area
    • Rapidly Growing Residential, Transportation, Shopping, and Entertainment Hub
  • Excellent Demographics
    • Population of 49,435 People Within Three Miles of Subject Property
    • Population Expected to Increase 10 Percent by 2024
    • Average Household Income of $77,634 Within Three Miles of Subject Property

Contact

AUSTIN WEISENBECK
Senior Vice President Investments
Tel: (630) 570-2169
Austin.Weisenbeck@marcusmillichap.com
* Broker of Record: Ryan Nee, FL: BK3154667

View All Listings