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Parachute Plasma 3451 Cypress Mill Rd

6,302 SF Retail Building Brunswick, GA 31520 $7,319,099 CAD ($1,161 CAD/SF) 7.50% Cap Rate

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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.