If $z$ is a complex number such that $| z | \geq 2$, then the minimum value of $\left| z + \frac { 1 } { 2 } \right|$:\\
(1) Is strictly greater than $\frac { 5 } { 2 }$\\
(2) Is strictly greater than $\frac { 3 } { 2 }$ but less than $\frac { 5 } { 2 }$\\
(3) Is equal to $\frac { 5 } { 2 }$\\
(4) Lies in the interval $( 1,2 )$