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Parachute Plasma 219 S 32nd St 6,532 SF Retail Building Muskogee, OK 74401 $7,215,825 CAD ($1,104.69 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 219 S 32nd St, Muskogee, OK 74401. The site consists of roughly
6,532 rentable square feet of building space on an estimated 1.41-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 $378,307 and has scheduled increases of 2.00% Annually Starting
Year 6.
located at 219 S 32nd St, Muskogee, OK 74401. The site consists of roughly
6,532 rentable square feet of building space on an estimated 1.41-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 $378,307 and has scheduled increases of 2.00% Annually Starting
Year 6.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,532 SF
Building Class
C
Year Built
2024
Price
$7,215,825 CAD
Price Per SF
$1,104.69 CAD
Cap Rate
7.50%
NOI
$541,187 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.41 AC
Zoning
F2
Parking
31 Spaces (4.75 Spaces per 1,000 SF Leased)
Frontage
144’ on 32nd St
AMENITIES
- Freeway Visibility
- Pylon Sign
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 15758 | Improvements Assessment | $136,694 CAD |
| Land Assessment | $27,192 CAD | Total Assessment | $163,885 CAD |
PROPERTY TAXES
Parcel Number
15758
Land Assessment
$27,192 CAD
Improvements Assessment
$136,694 CAD
Total Assessment
$163,885 CAD
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Parachute Plasma | 219 S 32nd St
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