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Parachute Plasma 2463 N Main St

6,389 SF Office Building Crossville, TN 38555 $5,983,160 CAD ($936 CAD/SF) 6.75% Cap Rate

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 2463 N Main St, Crossville, TN 38555. The site consists of
roughly 6,389 rentable square feet of building space on an estimated 0.96-
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 $287,161 and has scheduled increases of 2.00% Annually

Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
6,389 SF
Building Class
B
Year Built
2024
Price
$5,983,160 CAD
Price Per SF
$936 CAD
Cap Rate
6.75%
NOI
$403,863 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,389 SF
Building FAR
0.15
Land Acres
0.96 AC
Opportunity Zone
Yes
Parking
26 Spaces (4.07 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning
  • Listing ID: 31864470

  • Date on Market: 2024-05-20

  • Last Updated:

  • Address: 2463 N Main St, Crossville, TN 38555

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