3427 Capital Ave - Parachute Plasma
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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
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 | Lot Size | 1.69 AC |
Price Per SF | £693 | Building Size | 6,408 SF |
Sale Type | Investment | Number of Floors | 1 |
Net Initial Yield | 7.50% | Year Built | 2023 |
Property Type | Speciality | Opportunity Zone |
Yes
|
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 |
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3427 Capital Ave - Parachute Plasma
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