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Parachute Plasma 1022 and 1024 Maple St

7,613 SF Office Building Carrollton, GA 30117 $5,708,747 ($750/SF) 7.50% Cap Rate

Investment Highlights

  • 20-Year Triple-Net Lease. At Closing the Tenant will Execute A Brand New 20-Year Absolute Triple-Net Lease.
  • Compelling Real Estate Fundamentals Subject Property is Located Less Than A Mile from Tanner Medical Center
  • Attractive Rental Increases and Renewal Options The Lease will Feature Two Precent (2.0%) Annual Rental Increases

Executive Summary

NNN Pro is pleased to present the exclusive listing for a Parachute Plasma located at 1022 and 1024 Maple St, Carrollton, GA 30117. The site consists of roughly 7,613 rentable square feet of building space on an estimated 1.04-acre parcel of land. This Parachute Plasma is subject to a 20 Years-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $428,156 and has scheduled increases of 2.00% Annually Starting Year 6.

Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
7,613 SF
Building Class
B
Year Built
2024
Price
$5,708,747
Price Per SF
$750
Cap Rate
7.50%
NOI
$428,156
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,613 SF
Building FAR
0.14
Lot Size
1.23 AC
Parking
20 Spaces (2.63 Spaces per 1,000 SF Leased)
  • Listing ID: 31596982

  • Date on Market: 4/24/2024

  • Last Updated:

  • Address: 1022 and 1024 Maple St, Carrollton, GA 30117

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