Verizon- Canton, GA

Verizon Wireless is strategically positioned on a 1.19-acre outparcel to Canton Exchange, a 153,225 SF regional power center, anchored by Hobby Lobby and Home Goods, located at a signalized intersection just off I-575 (.60 miles to the east) in the heart of Canton’s primary retail corridor.
Located directly across from Canton Marketplace II, which is anchored by Target, Kohl’s, and Lowe’s Home Improvement.
Verizon is located along Cumming Highway (GA-20), a six-lane primary thoroughfare, Verizon benefits from traffic counts of approximately 27,814 vehicles per day (VPD), further supported by the nearby Interstate 575, which reports an additional ±54,200 vehicles per day (VPD).
Canton Exchange offers four points of access: two (2) signalized intersections flanking Verizon and two (2) direct access drives providing immediate ingress and egress for Verizon.
Nearby Traffic Generators include – Target, Lowe’s Home Improvement, Kohl’s, Dick’s Sporting Goods, Burlington, TJ Maxx, Best Buy, Books A Million, Hobby Lobby, HomeGoods, Pet Super Market, Piedmont Urgent Care, Chipotle, Chick-fil-A, Starbucks, and Aspen Dental.
Located 1.3 miles from Northside Hospital Cherokee, a 440,000 square foot, 332-bed full-service community hospital.
The Verizon Wireless lease is corporately guaranteed by Cellco Partnership which maintains an S&P “A” bond rating.
Verizon began operating in this location in 2015 and recently committed to an early 7-year lease extension.
Modified NNN lease structure with minimal Landlord responsibilities. The Landlord’s roof obligation is mitigated by a 20-year manufacturer’s warranty from Versico Total Roofing Systems, a Carlisle company, effective through October 29, 2035.
Verizon’s parking field was re-milled and refinished in 2025.
Surrounding population of ±25,728 within a 3-mile radius and ±67,216 within 5 miles with average household income exceeding $120k.
The 10-minute Drive-Time population is 43,708 and 113,855 within a 15-minute Drive-Time.
The Workday Population within a 15-minute Drive-Time is 90,112.
There are 23,665 households within a 5-mile radius of Verizon, which is projected to grow by 9.6% by 2030, with average household income of $124,000 also projected to grow by 12.9%.
Canton, the county seat of Cherokee County, is the 7th largest county in the state of Georgia with an estimated population of 297,418 residents.
Verizon reported operating revenue of $33.5 billion in the first quarter of 2025, up 1.5% year over year. Their total operating revenue in 2024 was $134.8 billion, up 0.6% compared to 2023.
Consolidated net income for first-quarter 2025 was $5.0 billion compared to $4.7 billion in first-quarter 2024.
Total Verizon Consumer revenue in first-quarter 2025 was $25.6 billion, an increase of 2.2% year over year, predominantly driven by gains in wireless service revenue.
In the first quarter of 2025, Verizon reported 146 million customers.
In 2024, Verizon Wireless was the largest mobile service provider in the United States, holding roughly 37% of the wireless market share based on wireless subscriptions.

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Maxx Bauman