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Parachute Plasma 1993 Highway 412 W

6,408 SF Office Building Siloam Springs, AR 72761 £4,110,154 (£641/SF) 7.50% Net Initial Yield

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
£4,110,154
Price Per SF
£641
Net Initial Yield
7.50%
NOI
£308,262
Tenancy
Single
Number of Floors
1
Typical Floor Size
6,408 SF
Building FAR
0.13
Lot Size
1.15 AC
  • Listing ID: 31598702

  • Date on Market: 24/04/2024

  • Last Updated:

  • Address: 1993 Highway 412 W, Siloam Springs, AR 72761

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