Verizon

Toccoa

Call for Details

7.75

CAP Rate

Short Lease Term with Below Market Rent

by Largest Premium Verizon Retailer in the U.S.

to Walmart Supercenter with Regional Draw

Property details

Corporate Guaranteed Lease by the Largest Premium Verizon Retailer in the U.S.
- Moorehead Communications (TCC) has Over 1,160 Locations in 41 States
- 12th Largest Private-Held Company in Indiana
- Over $1 Billion in Annual Revenues. Proven Location with Successful Operational History in the Market
Proven Location with Successful Operational History in the Market
- Tenant Agreed to an Extension of the Current Term to 5 Years Due to the Exceptional Performance of this Location
- One 3-Year Renewal Option with 5% Rent Increases at Each Option Period
Nearby Tenants include Home Depot, Mike Jones Ford Dealership, Sonic Drive-In, Murphy USA Gas Station, Captain D’s, Game Stop, Aaron’s & More
Lease Requiring Minimal Landlord Responsibilities
- Ideal Low Management Investment for a Passive, Out-of-State Investor
Toccoa is the County Seat of Stephens County, Georgia & is Considered the “Heart of Northeast Georgia”
- 90 Miles Northeast of Atlanta and ~50 miles from Athens
17,600 AADT on State Highway 17 (Toccoa Bypass)
Toccoa is a Regional Medical Center for a Five-County Area
- Medical Facilities include the Fully Equipped Stephens County Hospital with 24-Hour Emergency Services and a Managed-Care Center
Toccoa Has a Diverse Economic Base of 60 Industries & More than 400 Businesses and Retail Outlets
- Home to Franklin Financial Corporation which Employees More Than 1,300

Listing leads

Putnam Daily

Managing Partner

CA RE Lic #01750064

Lindsey Snider

Senior Partner