Log In/Sign Up
Your email has been sent.
Parachute Plasma 3451 Cypress Mill Rd 6,302 SF Retail Building Brunswick, GA 31520 $6,979,270 CAD ($1,107.47 CAD/SF) 7.50% Cap Rate
Investment Highlights
- Long-Term, 20-Year Absolute Triple Net (NNN) Lease | At closing the tenant will execute a brand new 20-year absolute triple-net 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
NNN Pro is pleased to present the exclusive listing for a Parachute Plasma located at 3451 Cypress Mill Rd, Brunswick, GA 31520. The site consists of roughly 6,302 rentable square feet of building space on an estimated 0.98-acre parcel of land. This Parachute Plasma is subject to a 20-year Triple Net (NNN) lease, which commenced Close of Escrow*. The current annual rent is $385,993 and has scheduled increases of 2.00% annually starting year 7.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,302 SF
Building Class
C
Year Built
2024
Price
$6,979,270 CAD
Price Per SF
$1,107.47 CAD
Cap Rate
7.50%
NOI
$523,445 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.98 AC
Zoning
HC - Dense commercial
Parking
20 Spaces (3.17 Spaces per 1,000 SF Leased)
Frontage
130’ on Cypress Mill Road
Nearby Major Retailers
Property Taxes
| Parcel Number | 01-00140 | Improvements Assessment | $554,606 CAD |
| Land Assessment | $95,909 CAD | Total Assessment | $650,515 CAD |
Property Taxes
Parcel Number
01-00140
Land Assessment
$95,909 CAD
Improvements Assessment
$554,606 CAD
Total Assessment
$650,515 CAD
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Parachute Plasma | 3451 Cypress Mill Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.