Parachute Plasma | 2841 Wisconsin St
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Parachute Plasma 2841 Wisconsin St
6,533 SF Office Building Sidney, OH 45365 $4,978,296 ($762/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 | This lease offers attractive rental growth, with a 2.00% annual increase beginning in the seventh year
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Parachute
Plasma located at 2841 Wisconsin St., Sidney, OH 45365. The site
consists of roughly 6,533 rentable square feet of building space
on an estimated 1.11-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 $373,372 and has
scheduled increases of 2.00% annually starting year 7.
Plasma located at 2841 Wisconsin St., Sidney, OH 45365. The site
consists of roughly 6,533 rentable square feet of building space
on an estimated 1.11-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 $373,372 and has
scheduled increases of 2.00% annually starting year 7.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
6,533 SF
Year Built
2024
Price
$4,978,296
Price Per SF
$762
Cap Rate
7.50%
NOI
$373,372
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,533 SF
Building FAR
0.14
Land Acres
1.11 AC
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Parachute Plasma | 2841 Wisconsin St
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