- For Sale $2,100,000
- Property Type Retail - Street Retail
- Property Size 4,650 SF
- Lot Size 1.1 Acre
- Property Tenancy Single Tenant
- Year Built 1982
- Date Updated Sep 3, 2026
Description
The property is strategically located along N. Expressway in Griffin, Georgia, providing access to an established commercial corridor within the Griffin market. The location serves the surrounding residential and commercial areas of Griffin and provides a convenient setting for Verizon Wireless's customer-facing operations.
Griffin serves as a regional commercial center south of the Atlanta metropolitan area, with N. Expressway providing an important north-south connection through the community. The property's established commercial setting and accessible location support continued visibility and convenience for the Verizon Wireless tenancy.This investment offering presents the opportunity to acquire a Verizon Wireless-leased property located at 1445 N. Expressway in Griffin, Georgia. The property encompasses approximately 1.10 acres and is leased to Verizon Wireless under the Fourth Renewal Term, which commenced November 1, 2024 and extends through October 31, 2029.
The lease provides current annual base rent of $122,899.44, or $10,241.62 per month. The NNN lease structure places significant property-related obligations on the Tenant, including required insurance premiums and other expenses assigned under the Lease, providing an investor with a relatively passive income profile. The Fourth Amendment also confirms the continuation of the existing lease provisions except where specifically modified.
Highlights
- Approximately 1.10-acre site located along N. Expressway in Griffin, Georgia.
- Average household income demonstrates strong growth potential, increasing from $93,800 to $114,500 within the five-mile radius over the next five years.
- Current five-year renewal term through October 31, 2029, providing contractual income visibility to the investor.
- Established commercial location serving the Griffin market and surrounding communities, providing a stable setting for a national wireless tenant.
- Leased to Verizon Wireless (Cellco Partnership), a leading national wireless telecommunications provider with an established presence at the property.
- Located along N. Expressway near Walmart and other established retailers, benefiting from a well-developed commercial trade area.
- NNN lease structure with no landlord responsibilities.
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Contacts
Elliott Kyle
Skyline Seven Real Estate
Location
Contact Listing Broker
Elliott Kyle
Skyline Seven Real Estate