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Parachute Plasma 1993 Highway 412 W 6,408 SF Office Building Siloam Springs, AR 72761 $5,113,852 ($798.04/SF) 7.50% Cap Rate
Investment Highlights
- Long-Term Brand New 20-Year Absolute Triple Net (NNN) Lease
- Corporate Guarantee The Lease is Subject to a Corporate Guarantee by Join Parachute (19+ Locations)
- Annual Rental Increases Two Percent (2%) Rental Increases Occurring Annually Starting Year 6
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Parachute Plasma located at 1993 Hwy 412, Siloam Springs, AR 72761. The site consists of roughly 6,408 rentable square feet of building space on an estimated 1.16- 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 $393,970 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
6,408 SF
Building Class
B
Year Built
2024
Price
$5,113,852
Price Per SF
$798.04
Cap Rate
7.50%
NOI
$383,539
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,408 SF
Building FAR
0.13
Lot Size
1.15 AC
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Property Taxes
| Parcel Number | 03-01991-000 | Improvements Assessment | $353,552 |
| Land Assessment | $116,512 | Total Assessment | $470,064 |
Property Taxes
Parcel Number
03-01991-000
Land Assessment
$116,512
Improvements Assessment
$353,552
Total Assessment
$470,064
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Parachute Plasma | 1993 Highway 412 W
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