Verizon Wireless for Sale

3555 Portage Road, South Bend, IN 46628
Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30426407
Property Subtypes: Free-Standing Building, Retail-Pad, Street Retail
Status: Pending
Building Size (RSF): 2,600 SF
Gross Building Area: See Agent
Sale Price: $1,694,846
Unit Price: $651.86 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: 6.3%
Last Updated: 7/18/2019

Overview / Comments

Form G Commercial Advisors is pleased to offer for sale a New Construction Verizon Wireless. The property just finished construction and the tenant opened for business. This unique opportunity for an investor to acquire a well located, credit-tenant single tenant asset in South Bend, Indiana.
Cellular Sales was founded in Knoxville, Tennessee in 1993 by Dane and Meg Scism. The company is currently 700+ locations strong and growing. It is recognized as the largest Verizon retailer is the United States. In 2012, the company was ranked on Inc. Magazines 5000 list as the 60th fastest growing U.S. Retailer.
Verizon Communications Inc, headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to mass markets, business, government and wholesale customers. Verizon Wireless operates America’s most reliable wireless network serving more than 108 Million customers nationwide. Globally, they offer voice and data services in more than 200 countries. Verizon employs over 75,000 people.

Attachments & Media

Additional Details

Nearest MSA: South Bend-Mishawaka
County: St Joseph
Retail Clientele: General, Business
Property Visibility: Excellent
Tenancy: Single Tenant
Total Number of Buildings: 1
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