Parachute Plasma | 699 Creekview Dr
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Parachute Plasma 699 Creekview Dr
6,408 SF Office Building Columbus, IN 47201 $4,972,548 ($776/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 | The lease will feature 2.00% rental increases starting in year 7.
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Parachute
Plasma located at 699 Creekview Dr., Columbus, IN 47201. The
site consists of roughly 6,408 rentable square feet of building
space on an estimated 1-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
$372,941 and has scheduled increases of 2.00% annually starting
year 7.
Plasma located at 699 Creekview Dr., Columbus, IN 47201. The
site consists of roughly 6,408 rentable square feet of building
space on an estimated 1-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
$372,941 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
6,408 SF
Building Class
B
Year Built
2024
Price
$4,972,548
Price Per SF
$776
Cap Rate
7.50%
NOI
$372,941
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,408 SF
Building FAR
0.15
Lot Size
1.00 AC
Zoning
CC - Central commerciasl
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Parachute Plasma | 699 Creekview Dr
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