|Price Range 12mo avg:||$707K – $4.7M|
|$/sf 12mo avg:||$668|
|CAP Rate 12mo avg:||7.55%|
|Lease Terms:||10yrs NN|
|Building Size avg:||4,454 SF|
|Lot Size avg:||1+/- acres|
Verizon Wireless is wholly owned by Verizon Communications Inc. and is headquartered in Basking Ridge, N.J. Verizon Communications Inc. (NYSE, NASDAQ:VZ) is a global leader in delivering broadband and other wireless and wireline communications services to consumer, business, government and wholesale customers.
Verizon Wireless is an innovative wireless communications company that connects people and businesses with the most advanced wireless technology and service available.
The company launched the nation’s first 3G wireless broadband network. They were also the first tier-one wireless provider in the nation to build and operate a 4G LTE network. With 4G LTE, customers can access the Internet and stream media faster than ever—and experience their mobile world in real-time.
|S&P Credit Rating:||BBB+|
|Moody’s Credit Rating:||Baa1|
|Annual Revenue 2014:||$87.6B|
|Annual Revenue 2013:||$81.0B|
|Revenue Growth:||↑ 8.2% from 2013|
|Units (Jan. 2015)||1,700|
|Average Units Volume:||$51.5M|
Yahoo! Finance: VZ News Latest Financial News for VZ
Verizon develops new 5G edge technology that will revolutionize mobility for virtual reality (VR), mixed reality (XR), and augmented reality (AR)
on October 18, 2019 at 3:00 pm
Verizon’s 5G Lab, which is comprised of both network and XR technologists, continues to combine 5G network and XR expertise to produce ground breaking capabilities for the edge. The Verizon team recently developed a suite of enterprise XR technologies to drive emerging mobility experiences. Demonstrations of some of these technologies will take place in the Verizon booth at Mobile World Congress Americas. […]
As Fleets Adopt Technology, The Public Remains Skeptical Of Safety Focus
on October 17, 2019 at 7:55 pm
Commercial drivers are among the safest drivers on the roadways, but based on general public perception, and anti-trucking safety groups that highlight the number of yearly incidents involving big rigs, it would be difficult to tell that. According to data within the Federal Motor Carrier Safety Administration's Motor Carrier Management Information System (MCMIS), there were 164,529 large trucks involved in crashes in 2018, with 79,879 injuries and 4,708 deaths reported. In 2013, the American Trucking Associations released results of a research project conducted by the University of Michigan Transportation Research Institute. […]
5G Wireless Is Coming. But a Payoff for AT&T, Verizon, and Other Telcos Might Not Be.
on October 17, 2019 at 7:37 pm
5G is the hottest topic in telecommunications. But can carriers actually make any money from it? Moffett Nathanson raises that question in a new report. […]
New England positioned to play big role in 5G race, U.S. official says
on October 17, 2019 at 5:26 pm
The New England region is expected to play a big role in the race to deploy the fifth generation of wireless networks, also known as 5G, according to a U.S. Department of Commerce official. […]
The Zacks Analyst Blog Highlights: Verizon, Microsoft and Cisco Systems
on October 17, 2019 at 3:33 pm
The Zacks Analyst Blog Highlights: Verizon, Microsoft and Cisco Systems […]