Parachute Plasma | 113 S Van Buren St
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Parachute Plasma 113 S Van Buren St
7,095 SF Office Building Enid, OK 73703 $5,851,975 CAD ($825 CAD/SF) 7.50% Cap Rate
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 | The lease will feature 2.00% rental increases starting in year 7.
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Parachute
Plasma located at 113 S Van Buren, Enid, OK 73703. The site
consists of roughly 7,095 rentable square feet of building space
on an estimated 0.72-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 current annual rent is
$309,646 and has scheduled increases of 2.00% annually
starting year 7.
Plasma located at 113 S Van Buren, Enid, OK 73703. The site
consists of roughly 7,095 rentable square feet of building space
on an estimated 0.72-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 current annual rent is
$309,646 and has scheduled increases of 2.00% annually
starting year 7.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
7,095 SF
Building Class
B
Year Built
2023
Price
$5,851,975 CAD
Price Per SF
$825 CAD
Cap Rate
7.50%
NOI
$438,898 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,095 SF
Building FAR
0.23
Land Acres
0.72 AC
Opportunity Zone
Yes
Walk Score ®
Very Walkable (75)
PROPERTY TAXES
Parcel Number | 4970-00-004-006-0-028-00 | Improvements Assessment | $0 CAD |
Land Assessment | $22,074 CAD | Total Assessment | $22,074 CAD |
PROPERTY TAXES
Parcel Number
4970-00-004-006-0-028-00
Land Assessment
$22,074 CAD
Improvements Assessment
$0 CAD
Total Assessment
$22,074 CAD
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Parachute Plasma | 113 S Van Buren St
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