Asset Snapshot
Regional Mall
Retail Subtype
1989
Year Built
1
Floor Count
0.42 Acres
Land Area
Offering Summary
Investment Overview
Retail Investment Opportunity in NE ColumbiaInvestment Highlights
- INVESTMENT GRADE TENANT
- Verizon holds investment grade credit ratings across the major credit rating agencies.
- RECENT CAPITAL EXPENDITURES
- Verizon recently invested significant capital in renovating the interior of the Premises, demonstrating its continued commitment to the location.
- STRONG COMMITMENT TO SITE
- Tenant has exercised a rare 7 year lease extension through May 31, 2033.
- CONTRACTUAL RENT ESCALATIONS
- Rare 6.6% escalation at year 6 of the renewal term.
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Listing Syndicated From
Accepting Offers
$1,080,000
Asking Price
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