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3427 Capital Ave - Parachute Plasma

6,408 SF Speciality Building Offered at £4,440,166 at a 7.50% Net Initial Yield in Grand Island, NE 68803

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 | This lease offers attractive rental growth, with a 2.00% annual increase beginning in the seventh year.

Executive Summary

Bang Realty is pleased to present the exclusive listing for a
Parachute Plasma located at 3427 W. Capital Ave, Grand Island,
NE 68803. The site consists of roughly 6,408 rentable square feet
of building space on an estimated 1.69-acre parcel of land. This
Parachute Plasma is subject to a 20-year Triple Net (NNN) lease,
which commences at close fo escrow.. The current annual rent is
$425,602 and has scheduled increases of 2.00% annually
starting year 7

Property Facts

Price £4,440,166
Price Per SF £693
Sale Type Investment
Net Initial Yield 7.50%
Property Type Speciality
Lot Size 1.69 AC
Building Size 6,408 SF
Number of Floors 1
Year Built 2023
Opportunity Zone Yes
  • Listing ID: 34159477

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: 3427 Capital Ave, Grand Island, NE 68803

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