Parachute Plasma | 1336 E Dixon Blvd
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Parachute Plasma 1336 E Dixon Blvd
8,000 SF Retail Building Shelby, NC 28152 $4,827,880 ($603/SF) 7.50% Cap Rate
Investment Highlights
- Long-Term, 20-Year Absolute Triple Net (NNN) Lease
- Growing Credit The lease is subject to a corporate guarantee by Join Parachute.
- Attractive Rental Increases The lease will feature 2.00% rental increases starting in year 6.
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Parachute
Plasma located at 1336 E Dixon Blvd., Shelby, NC 28001. The site
consists of roughly 8,000 rentable square feet of building space
on an estimated 0.84-acre parcel of land. This Parachute Plasma
is subject to a 20-year Triple Net (NNN) lease which will
commence upon close of escrow. The annual rent will be
$362,091 and has scheduled increases of 2.00% Annually
Starting Year 6.
Plasma located at 1336 E Dixon Blvd., Shelby, NC 28001. The site
consists of roughly 8,000 rentable square feet of building space
on an estimated 0.84-acre parcel of land. This Parachute Plasma
is subject to a 20-year Triple Net (NNN) lease which will
commence upon close of escrow. The annual rent will be
$362,091 and has scheduled increases of 2.00% Annually
Starting Year 6.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
C
Year Built
2024
Price
$4,827,880
Price Per SF
$603
Cap Rate
7.50%
NOI
$362,091
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.84 AC
Zoning
GB - General Business
Frontage
156 FT on Dixon Blvd
Amenities
- Freeway Visibility
- Storage Space
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 26689 | Improvements Assessment | $183,761 |
Land Assessment | $220,836 | Total Assessment | $404,597 |
PROPERTY TAXES
Parcel Number
26689
Land Assessment
$220,836
Improvements Assessment
$183,761
Total Assessment
$404,597
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Parachute Plasma | 1336 E Dixon Blvd
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