Most likely, you landed on this page because you are considering buying Verizon Wireless investment properties. If so, you’re in luck!
This article will provide you with a quick guide to help you get started. We’ll start by providing some information about Verizon. Then, we’ll discuss the company’s market performance and give you some important factors to consider when making your purchase. We’ll also show you how to find the right investment properties.
About Verizon
Verizon is one of the largest telecommunications companies in the US. They provide mobile phone services, internet, and TV to millions of customers across the country. The company has a strong history of performance and stability, making it a safe investment choice for those looking to add telecommunications properties to their real estate portfolio.
Today, the company already has more than 2,330 properties, which usually comprise 4,000-square-foot structures sitting on 4/5 to 1 1/4 acre lots, making the company the single biggest wireless communications provider in the country.
While most of their properties are Verizon corporate real estate, there are also those offered on a net lease that involves up to 10 years of tenant occupancy. On the part of the investors, such as you, this means long-term passive income with minimal responsibilities on your end.
Verizon’s Market Performance
The market for Verizon Wireless investment properties is healthy and growing. In recent years, the company has seen an increase in profits and subscribers. This trend is likely to continue as they roll out new products and services.
Additionally, Verizon is considered a “prime” network by many investors due to its reliability and coverage area. This means that Verizon properties are likely to retain their value over time.
Important Factors to Consider When Buying Verison Properties
When buying Verizon real estate, there are a few key factors to keep in mind.
Location
Like any other type of commercial property for sale, the location of a Verizon property to buy is important. You’ll want to consider things like population density and growth, as well as the competitors operating in the area.
Lease terms
The lease terms for your investment property are also important. Make sure you understand what is included in the lease (e.g., rent, taxes, insurance) and how long the lease lasts.
Property type
Not all Verizon investment properties are created equal. Some investors may prefer standalone structures while others might prefer cell phone towers or other infrastructure-type properties. Choose the type of property that best suits your investment goals.
Financial considerations
When buying any type of investment property, it’s important to consider your finances. Make sure you are familiar with things like the property’s cap rate and cash flow.
Cap rate
The cap rate is a key metric to understand when purchasing Verizon investment properties. This number measures the return on investment for a property.
In addition to the cap rate, you’ll also want to look at the cash flow for a property. This will tell you how much money the property is generating each month or year.
How to Find Verizon Investment Properties
Now that you know what to consider when buying Verizon properties, it’s time to start looking for them! There are several ways to do this.
Online Listings
One way to find Verizon Wireless stores is through online listings. A quick search of websites, like Craigslist or LoopNet, will yield many results. However, be sure to vet any potential properties carefully before making an offer.
Directories
Another way to find Verizon properties for sale4 is through directories like the Tower REIT Directory or the TelCom Exchange. These resources are subscription-based, but provide a wealth of information on current and upcoming wireless real estate transactions.
Auction Sites
You can also find Verizon investment properties at auction sites like Biditup or GoToAuction. However, be sure to do your research beforehand to make sure you’re getting a good deal.
Verizon Website
Of course, you can check out the Verizon website itself. This is a great resource for finding information on their properties, including photos, aerial maps, and lease terms.
How Much Would a Verizon Property Cost
The cost of buying a Verizon Wireless online store varies depending on the property type and location. However, you can expect to pay anywhere from as low as $900,000 to more than $5,000,000 for a Verizon property.
To know the exact cost requirement that you need for a certain property, do not forget to discuss such details with the seller and other involved parties.
Also read: How to Choose a Real Estate Agent
Should You Hire an Agent or Not?
When buying Verizon investment properties, you may or may not choose to hire an agent.
If you’re familiar with the process and feel comfortable negotiating on your own, then there’s no need to hire an agent. However, if you’re new to real estate investing or don’t have the time to devote to the process, hiring an agent can be a good decision.
An experienced and knowledgeable agent will know what to look for in a Verizon investment property and can help you get a good deal on the purchase. They’ll also be able to assist with the negotiation process and provide guidance through the entire transaction.
Red Flags to Avoid When Buying a Commercial Investment Property
When buying commercial investment properties, it’s important to be aware of red flags that could indicate a bad deal.
Some things you should look out for include:
- An offer that’s too good to be true
- Unreasonable seller demands
- A property that’s in need of significant repairs
- A property with high vacancy rates
When assessing potential Verizon properties, it’s important to be aware of these red flags and avoid deals that could end up hurting your bottom line.
Final Thoughts
Verizon is a profitable and growing company, making Verizon Wireless investment properties a wise choice for growing or even starting your portfolio. Additionally, the company offers excellent lease terms and is considered “prime” by many investors. With so much to offer, it’s no wonder more and more people are investing in their stores.
However, like any other form of investment, you should do your due diligence to ensure that you are buying a property that aligns with your goals. Remember to carefully vet any potential purchases and consult with an expert if needed.
Have fun shopping around for the perfect Verizon property. For more real estate tips and information, check out the rest of our articles!
