Verizon Wireless
Baskersfield, CA
Verizon Communications Inc., through its subsidiaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Its Wireless segment offers wireless voice and data services; Internet access on various smart and basic phones, notebook computers, and tablets; and multimedia access, business-focused, location-based, global data, home phone handsets, and high-speed Internet services, as well as network access and value added services to support wireless connections for the Internet of Things (IoT). This segment also provides IoT services that support devices used in fleet management and telematics, energy, agricultural technology, and smart community markets; and wireless devices, such as smartphones and basic phones, tablets, and other Internet access devices.
As of December 31, 2016, it had 114.2 million retail connections. The companys Wireline segment offers high-speed Internet, Fios Internet, and Fios video services; voice services, such as local exchange, regional and long distance calling, and voice messaging services, as well as Voice over Internet protocol services; network products and solutions comprising private Internet protocol (IP), public Internet, Ethernet, and optical networking services; IT infrastructure services that include collocation and managed hosting services; cloud services, which comprise computing, storage, backup, recovery, and application platforms; and business communications services.
This segment also provides data security, voice and data, cloud and IT, business communications, IoT, and mobility services; and data, voice, local dial tone, and broadband services primarily to local, long distance, wireless, and other carriers. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was founded in 1983 and is headquartered in New York City, New York.
We are totally free
But, to keep our information exclusive, we require everyone to sign up.
LOGIN
- Real Estate Profile
- Company Profile
- Stock Charts
- News
S&P Outlook: Stable
Moody Outlook: Stable
Typical Lease Characteristics
Lease Term: 10 – 15 Years Years
Lease Type: Absolute NNN Lease
Lease Increases: 10% Every 5 years
Lease Extensions: 4-5 (5) Year Options
Lease Guarantor: Corporate
Positives:
- Public Company, Credit Rated
- Nationwide presence with high brand recognition
- High Barrier to entry within its industry
Negatives:
- Typically low cap rates
- Typically high cost per square foot
Market Snapshots:
On Market Ranges:
# of Properties in set: 5
Price: $2,353,220 - $3,005,310Average: $2,835,200
PPSF: $610 - $750Average: $698
Year Built: 2002 - 2018Average: 2012
CAP Rate Range: 5.44% - 7.53%Average: 6.55%
Size range: 2,464 sq ft - 5,234 sq ft Average: 3,940 sq ft
Last 12 Month Range:
# of Properties in set: 21
Price: $2,968,200 - $3,685,780Average: $3,261,754
PPSF: $468 - $573Average: $521
Year Built: 1970 - 2017Average: 2007
CAP Rate Range: 6.17% - 7.54%Average: 6.50%
Size range: 2,012 sq ft - 225,000 sq ft Average: 14,947 sq ft
Verizon Wireless Similar Tenants
Verizon Wireless Company Profile
Headquarters Information
New York City, New York
Founded in 1983
Company type: Public
Stock Ticker: VZ
Sector: Technology
Industry: Telecom Services - Domestic
# of Employees: 163,400
Verizon Wireless Stock Keys
Title | 2017 | 2016 |
---|