Parachute Plasma 219 S 32nd St 6,532 SF Retail Building Muskogee, OK 74401 $5,044,090 ($772.21/SF) 7.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Long-Term | Brand New 20-Year Absolute Triple Net (NNN) Lease
- Corporate Guarantee | The Lease is Subject to a Corporate Guarantee by Join Parachute (19+ Locations)
- Annual Rental Increases | Two Percent (2%) Rental Increases Occurring Annually Starting Year 6
EXECUTIVE SUMMARY
NNN Pro is pleased to present the exclusive listing for a Parachute Plasma
located at 219 S 32nd St, Muskogee, OK 74401. The site consists of roughly
6,532 rentable square feet of building space on an estimated 1.41-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 $378,307 and has scheduled increases of 2.00% Annually Starting
Year 6.
located at 219 S 32nd St, Muskogee, OK 74401. The site consists of roughly
6,532 rentable square feet of building space on an estimated 1.41-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 $378,307 and has scheduled increases of 2.00% Annually Starting
Year 6.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,532 SF
Building Class
C
Year Built
2024
Price
$5,044,090
Price Per SF
$772.21
Cap Rate
7.50%
NOI
$378,307
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.41 AC
Zoning
F2
Parking
31 Spaces
Frontage
144’ on 32nd St
AMENITIES
- Freeway Visibility
- Pylon Sign
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 15758 | Improvements Assessment | $0 |
| Land Assessment | $19,297 | Total Assessment | $19,297 |
CONTACTS
-
Glen Kunofsky -
Matthew Anuszkiewicz -
Amelia Haydock -
Joseph Kelly -
NNN Pro Group
