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Parachute Plasma 1993 Highway 412 W 6,408 SF Office Building Siloam Springs, AR 72761 $7,138,528 CAD ($1,114.00 CAD/SF) 7.50% Cap Rate
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
$7,138,528 CAD
Price Per SF
$1,114.00 CAD
Cap Rate
7.50%
NOI
$535,390 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,408 SF
Building FAR
0.13
Lot Size
1.15 AC
1 1
PROPERTY TAXES
| Parcel Number | 03-01991-000 | Improvements Assessment | $496,850 CAD |
| Land Assessment | $163,735 CAD | Total Assessment | $660,586 CAD |
PROPERTY TAXES
Parcel Number
03-01991-000
Land Assessment
$163,735 CAD
Improvements Assessment
$496,850 CAD
Total Assessment
$660,586 CAD
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Parachute Plasma | 1993 Highway 412 W
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