Verizon NNN
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9690 Buffalo Road, Palmetto, FL 34221
Verizon-branded retail property with a planned modified NNN lease structure.
Property Size2,464 SF
Lot Size0.48 Acres
Price / SF$1,660
Days on Market6
Property Features for 9690 Buffalo Road
General Information
Standard status
Active
Size
2,464 SF
Lot size
0.48 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$235,244
Building Details
Year Built
2026
Units
1
Tenancy
Single
Listing Agency:
CBRE Atlanta
(407) 839-3123
Listed By:
Thomas Carr · License #374849
Source:
Crexi
Added: Aug 5
Changed: Aug 9
Last Checked: Aug 9 at 3:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE Atlanta
Investment Insights
Based on property information with market context.
This 2,464-square-foot Verizon Wireless property occupies 0.48 acres in Palmetto, Florida. Constructed in 2026, the freestanding retail asset is associated with a planned modified NNN lease expected to commence in September 2026.
The lease is structured with a 10-year primary term and four 5-year renewal options. Rent is scheduled to increase every 5 years by 5% by default, or according to the 5-year change in CPI, capped at 10%, if elected by the landlord. The property is located at 9690 Buffalo Road and forms part of the North Port-Sarasota-Bradenton, FL MSA.
The lease is structured with a 10-year primary term and four 5-year renewal options. Rent is scheduled to increase every 5 years by 5% by default, or according to the 5-year change in CPI, capped at 10%, if elected by the landlord. The property is located at 9690 Buffalo Road and forms part of the North Port-Sarasota-Bradenton, FL MSA.
Key Highlights
- 2,464‑square‑foot Verizon Wireless property on 0.48 acres
- Expected September 2026 commencement of modified NNN lease
- 10‑year primary lease term
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
53
Businesses Nearby
58k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 79%
Dining 21%
Publix
Groceries
40,964 visits/mo
0.1 miles
Taco Bell
Dining
10,029 visits/mo
0.2 miles
Publix Liquors
Groceries
4,745 visits/mo
0.1 miles
Jet's Pizza
Dining
2,210 visits/mo
0.1 miles
Demographics for 34221, FL
48,082
Population
24,812
Households
1.9
Avg Household Size
45
Median Age
28%
College-Educated
91%
High-School Grad
53.9 sq mi
ZIP Area
892
Density / Sq Mi
$74,314
Median Household Income
$40,072
Median Earnings
$1,459
Median Rent
$298,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Verizon-branded retail property with a planned modified NNN lease structure.
Where is this nnn property located?
The property is located at 9690 Buffalo Road Palmetto, FL.
What is the asking price?
The asking price for this property is $4,091,200.
What are key features of this property?
This property features: 2,464‑square‑foot Verizon Wireless property on 0.48 acres; Expected September 2026 commencement of modified NNN lease; 10‑year primary lease term
