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Parachute Plasma 699 Creekview Dr 6,408 SF Office Building Columbus, IN 47201 $4,972,548 ($775.99/SF) 7.50% Cap Rate
Investment Highlights
- Long-Term, 20-Year Absolute Triple Net (NNN) Lease
- Growing Credit
- Attractive Rental Increases
- Emerging Industry
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.
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
$775.99
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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Property Taxes
| Parcel Number | 03-96-20-420-000.203-005 | Improvements Assessment | $772,200 |
| Land Assessment | $653,400 | Total Assessment | $1,425,600 |
Property Taxes
Parcel Number
03-96-20-420-000.203-005
Land Assessment
$653,400
Improvements Assessment
$772,200
Total Assessment
$1,425,600
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Parachute Plasma | 699 Creekview Dr
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