23 Wilson Rd - Parachute Plasma
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23 Wilson Rd - Parachute Plasma
6,388 SF Specialty Building Offered at $5,341,219 at a 7.50% Cap Rate in Radcliff, KY 40160
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 | This lease offers attractive rental growth, with a 2.00% annual increase beginning in the seventh year
Executive Summary
NNN Pro and Bang Realty are pleased to present the exclusive
listing for a Parachute Plasma located at 23 S Wilson Rd, Radcliff,
KY 40160. The site consists of roughly 6,388 rentable square feet
of building space on an estimated 1.39-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 $400,591 and has scheduled increases of 2.00% annually
starting year 7.
listing for a Parachute Plasma located at 23 S Wilson Rd, Radcliff,
KY 40160. The site consists of roughly 6,388 rentable square feet
of building space on an estimated 1.39-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 $400,591 and has scheduled increases of 2.00% annually
starting year 7.
Property Facts
| Price | $5,341,219 | Building Class | B |
| Price Per SF | $836 | Lot Size | 1.39 AC |
| Sale Type | Investment | Building Size | 6,388 SF |
| Cap Rate | 7.50% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2024 |
| Property Subtype | Car Wash |
| Price | $5,341,219 |
| Price Per SF | $836 |
| Sale Type | Investment |
| Cap Rate | 7.50% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.39 AC |
| Building Size | 6,388 SF |
| No. Stories | 1 |
| Year Built | 2024 |
Contacts
-
Glen Kunofsky -
Matthew Anuszkiewicz -
Amelia Haydock -
Joseph Kelly -
NNN Pro Group
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23 Wilson Rd - Parachute Plasma
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