The subject property is an opportunity for an investor to acquire a well located commercial investment leased to Cellco Partnership dba Verizon Wireless. Verizon Wireless is the largest U.S. wireless company and largest wireless data provider, based on revenues. To date, Verizon Wireless has approximately 62.1 million customers, 67,000 employees, 2,300 stores or kiosks, and $38 billion dollars in annual revenue. The existing lease is a double net (NN) corporate lease that provides for increases throughout the lease term and renewal options.
Verizon is located at 5596 Sunset Boulevard, Lexington, South Carolina. The subject is an approximately 4,013 square foot, single-tenant retail building on approximately 27,442 square feet or 0.63 acres of land with excellent frontage along Sunset Boulevard. Located on Highway 378/Sunset Boulevard at a signalized intersection, the property benefits from high traffic counts and convenient access to a major Lexington arterial. Verizon will benefit from its location at the entrance to a brand new Home Depot along a dynamic retail corridor that is home to many national and regional tenants.
The major retailers in the immediate area include: Home Depot, Wal-Mart Supercenter, Hollywood Video, Stein Mart, CVS Pharmacy, Food Lion, Books-and-More, Pastime Cinemas, Bi Lo, K-Mart, Publix, TJ Maxx, Ross, Dressbarn, Office Depot, Kohls, and Lowes Home Improvement
Building Photo
Building Photo