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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.

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
  • Listing ID: 34145909

  • Date on Market: 12/10/2024

  • Last Updated:

  • Address: 2841 Wisconsin St, Sidney, OH 45365

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