Parachute Plasma | 1971 Highway 412 E
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Parachute Plasma 1971 Highway 412 E
6,408 SF Flex Building Siloam Springs, AR 72761 $5,106,902 ($797/SF) 7.50% Cap Rate
Investment Highlights
- Long-Term, 20-Year Absolute Triple Net (NNN) Lease | At closing the tenant will execute a brand new 20-year absolute triple-net 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 7.
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Parachute Plasma located at 1971 Hwy 412, Siloam Springs, AR 72761. The site consists of roughly 6,408 rentable square feet of building space on an estimated 1.16-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 current annual rent is $383,018 and has scheduled increases of 2.00% annually starting year 7.
Property Facts
| Price | $5,106,902 | Lot Size | 1.16 AC |
| Price Per SF | $797 | Rentable Building Area | 6,408 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 7.50% | Year Built | 2024 |
| Property Type | Flex | Tenancy | Single |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Price | $5,106,902 |
| Price Per SF | $797 |
| Sale Type | Investment NNN |
| Cap Rate | 7.50% |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 1.16 AC |
| Rentable Building Area | 6,408 SF |
| No. Stories | 1 |
| Year Built | 2024 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 2 |
PROPERTY TAXES
| Parcel Number | 03-01981-000 | Improvements Assessment | $91,454 |
| Land Assessment | $72,318 | Total Assessment | $163,772 |
PROPERTY TAXES
Parcel Number
03-01981-000
Land Assessment
$72,318
Improvements Assessment
$91,454
Total Assessment
$163,772
zoning
| Zoning Code | C-2 (Dense commercial) |
| C-2 (Dense commercial) |
Contacts
-
Glen Kunofsky -
Matthew Anuszkiewicz -
Amelia Haydock -
Joseph Kelly -
NNN Pro Group
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Parachute Plasma | 1971 Highway 412 E
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