Mostly inline wireless stores on NN leases, with the occasional freestanding single-tenant deal, and the one question that matters most: who actually signed the lease, from a NNN buyer’s broker with 225+ transactions.
Most Verizon stores are inline spaces in shopping centers, not standalone buildings. When a Verizon does trade as a single-tenant property, it is usually a small freestanding store of about 3,000 square feet on an outparcel. Those deals are less common. Verizon leases are usually NN (double net), where the landlord handles the roof and structure, and new stores typically come with a 10-year lease and 10% rent increases every 5 years.
The key point: not every store with a Verizon sign is leased to Verizon. Verizon sells through its own stores and through authorized retailers, independent companies that run Verizon-branded stores, much like franchisees. Many Verizon leases are guaranteed by one of these retailers, not by Verizon. A lease signed by Verizon carries the parent’s investment-grade credit (S&P BBB+); a lease signed by an authorized retailer does not. Solid Investments FL helps buyers confirm exactly who is on the lease, and our buyer representation is always free to you.
| Tenant | Either a Verizon operating company or an authorized retailer (franchise-style); many leases are retailer-guaranteed. Confirm on each lease |
|---|---|
| Property type | Mostly inline shopping center spaces; single-tenant freestanding stores are less common |
| Parent company | Verizon Communications Inc. (NYSE: VZ), New York |
| Credit rating | S&P BBB+, Moody’s Baa1, Fitch A- (Verizon Communications); applies only if a Verizon entity signs or guarantees the lease |
| Building size | Freestanding stores usually about 3,000 SF |
| Lease type | Usually NN (landlord handles roof and structure) |
| Lease term | New stores often 10 years with renewal options; resale terms vary |
| Rent increases | Often 10% every 5 years |
| Typical cap rate (2026) | About 6%–7.25%, depending on the tenant entity, term and location |
| Typical price range | About $1M–$3M |
Ratings and listing data as of 2026. Cap rates and pricing reflect current market conditions and vary by deal.
Confirm whether the tenant is a Verizon entity or an authorized retailer. That one detail drives the credit and the price.
Many leases are guaranteed by an authorized retailer, much like a franchisee. Review its size, financials and number of stores, and whether any parent company guarantees the lease.
Verizon leases are usually NN. Budget for roof and structure, and on new construction ask for builder warranties.
Ten-year leases leave less term on resale. Check the expiration, the renewal options and any early termination rights.
Small stores can carry high rent per square foot. Compare it to nearby small-shop and outparcel rents.
Most Verizon stores are inline spaces. A freestanding single-tenant store on a busy corridor is rarer and easier to re-lease to retail, food and service users.
Solid Investments FL is a Florida NNN buyer's brokerage headquartered in Lakewood Ranch (Sarasota), serving investors across Florida and nationwide, with 21+ years in net lease and 225+ transactions. We help investors and 1031 exchange buyers find, underwrite and close retail NNN properties nationwide, and our buyer representation is free.
As of 2026, Verizon NNN properties generally trade around 6% to 7.25% cap rates. Leases signed by a Verizon entity with longer terms trade at the lower end; authorized retailer leases and shorter terms trade higher.
No. Verizon sells through its own stores and through authorized retailers, independent companies that operate Verizon-branded stores, much like franchisees. Many Verizon leases are guaranteed by an authorized retailer rather than Verizon. Always confirm the tenant and any guarantor on the lease.
No. Most Verizon stores are inline spaces in shopping centers. Freestanding single-tenant Verizon properties do come up, usually small buildings of about 3,000 square feet on outparcels, but they are less common.
As of 2026, Verizon Communications Inc. is rated BBB+ by S&P, Baa1 by Moody's and A- by Fitch. That credit applies to a lease only if a Verizon entity signs or guarantees it.
Verizon leases are usually NN (double net), where the landlord is responsible for the roof and structure. Read each lease and budget for those landlord costs.
Verizon NNN properties typically sell for about $1 million to $3 million, depending on rent, location and lease terms.
It can be a good fit for buyers with a smaller exchange who want a newer building and rent increases. The key is confirming who signed the lease and pricing the deal on that credit.
General information only, not investment, tax or legal advice. Credit ratings and market data change; verify current figures before investing.
We’ll help you confirm the tenant, the lease and the site. Tell us your budget and timeline; our buyer representation is completely free.
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