Parachute Plasma | 3427 Capital
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Parachute Plasma 3427 Capital
6,408 SF 100% Leased Retail Building Grand Island, NE 68803 $5,674,696 ($886/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
Bang Realty is pleased to present the exclusive listing for a Parachute Plasma located at 3427 W. Capital Ave, Grand Island, NE 68803. The site consists of roughly 6,408 rentable square feet of building space on an estimated 1.69-acre parcel of land. This Parachute Plasma is subject to a 20-year Triple Net (NNN) lease, which commences at close for escrow. The current annual rent is $425,602 and has scheduled increases of 2.00% annually starting year 7
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,408 SF
Building Class
C
Year Built
2023
Price
$5,674,696
Price Per SF
$886
Cap Rate
7.50%
NOI
$425,602
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.04
Lot Size
3.47 AC
Opportunity Zone
Yes
Zoning
COMMERCIAL
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 400149842 | Improvements Assessment | $1,557,426 |
Land Assessment | $478,403 | Total Assessment | $2,035,829 |
PROPERTY TAXES
Parcel Number
400149842
Land Assessment
$478,403
Improvements Assessment
$1,557,426
Total Assessment
$2,035,829
Learn More About Investing in Retail Properties
1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Parachute Plasma | 3427 Capital
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.