Verizon has a brand new 10 year lease with 5% rental escalations every 5 years and three 5 year renewal options. The tenant, The Cellular Connection, LLC is the largest Verizon Premium wireless retailer in the country with +887 locations across 39 states. This asset is the relocation of an existing successful store in downtown Boone, showing the tenants long-term commitment to the market!
Verizon is located in Boone, Iowa situated on a hard corner one block from Walmart Supercenter on the main east/west highway with excellent driveby visibility. Nearby retailers include: Orscheln Farm & Home, Bomgaars, Boone Ace Hardware, Hy-Vee, Fareway Grocery, Dollar General, Goodwill, Walgreens, O’Reilly Auto Parts , US Cellular, Anytime Fitness.
*In Association with Iowa Local Broker: Patricia Elliott, Elliott Realty Group #T0569800