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Parachute Plasma 928 N Highway 123 Byp

7,576 SF Light Industrial Building Seguin, TX 78155 £3,347,622 (£442/SF) 6.75% Net Initial Yield

Investment Highlights

  • 20-Year Triple-Net (NNN) Lease
  • Corporate Guarantee
  • Attractive Rental Increases and Renewal Options

Executive Summary

NNN Pro is pleased to present the exclusive listing for a Parachute Plasma
located at 928 N Hwy 123 Bypass, Seguin, TX 78155. The site consists of
roughly 7,576 rentable square feet of building space on an estimated 1.63-
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 $288,791 and has scheduled increases of 2.00% Annually

Property Facts

Price £3,347,622
Price Per SF £442
Sale Type Investment NNN
Net Initial Yield 6.75%
Property Type Light Industrial
Building Class B
Lot Size 1.63 AC
Rentable Building Area 7,576 SF
Number of Floors 1
Year Built 2024
Tenancy Single

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1G2848-0000-00200-0-00
Land Assessment
£173,795
Improvements Assessment
£611,237
Total Assessment
£413,128
  • Listing ID: 31864846

  • Date on Market: 20/05/2024

  • Last Updated:

  • Address: 928 N Highway 123 Byp, Seguin, TX 78155

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