Parachute Plasma Bird Rd 6,507 SF Office Building Albemarle, NC 28001 $5,624,467 ($864.37/SF) 7.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Long-Term, 20-Year Absolute Triple Net (NNN) Lease
- Growing Credit
- Attractive Rental Increases
EXECUTIVE SUMMARY
NNN Pro is pleased to present the exclusive listing for a Parachute Plasma located at Bird Rd., Albemarle, NC 28152. The site consists of roughly 6,507 rentable square feet of building space on an estimated 1.288-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 $421,835 and has scheduled increases of 2.00% Annually Starting Year 6.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
6,507 SF
Building Class
B
Year Built
2024
Price
$5,624,467
Price Per SF
$864.37
Cap Rate
7.50%
NOI
$421,835
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,507 SF
Building FAR
0.12
Lot Size
1.29 AC
Opportunity Zone
Yes
Zoning
LID
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Parachute Plasma
- Health Care and Social Assistance
-
99,999 SF
- -
-
Lorem Ipsum
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Parachute Plasma | Health Care and Social Assistance | 99,999 SF | - | Lorem Ipsum | - |
PROPERTY TAXES
| Parcel Number | 6558-03-22-7282 | Improvements Assessment | $14,062 |
| Land Assessment | $256,500 | Total Assessment | $270,562 |
CONTACTS
-
Glen Kunofsky -
Matthew Anuszkiewicz -
Amelia Haydock -
Joseph Kelly -
NNN Pro Group
