|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
Will T-Mobile and Sprint Ever Unite?
on April 22, 2019 at 12:13 pm
Will the T-Mobile–Sprint Merger Deal Survive?Antitrust questions raisedA year ago, T-Mobile (TMUS) and Sprint (S) agreed to merge in an all-stock deal that valued the latter at ~$26 billion. Although the companies have secured some of t […]
What to Expect of AT&T’s Postpaid Phone Net Additions in Q1
on April 22, 2019 at 12:11 pm
AT&T's Q1 Results Are around the Corner: What Wall Street ExpectsAT&T’s postpaid phone net additions AT&T (T), the second-largest mobile operator in the United States, is looking to showcase its strength as it nears its first-quarter […]
Wireline Revenue Woes to Hurt Verizon's (VZ) Q1 Earnings
on April 22, 2019 at 12:02 pm
Verizon (VZ) is likely to face a decline in legacy wireline services in Q1 due to competitive pressure from voice-over-Internet protocol service providers and aggressive triple-play offerings by cable firms. […]
AT&T’s Mobile 5G Reaches 19 Cities
on April 22, 2019 at 11:30 am
How Verizon and AT&T Are Battling It Out This Month(Continued from Prior Part)AT&T 5G enters 19 cities as Verizon eyes a rollout in 30 cities This month, AT&T (T) reached 19 cities with its 5G mobile phone service, and it’s eyeing […]
Verizon Communications to report earnings April 23
on April 22, 2019 at 11:25 am
NEW YORK, April 22, 2019 -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) will report first-quarter 2019 earnings on Tuesday, April 23. The company will present results on. […]