Parachute Plasma | 814 S Bishop Ave
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Parachute Plasma 814 S Bishop Ave
6,408 SF Office Building Rolla, MO 65401 $7,192,121 CAD ($1,122 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 | 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 814 S Bishop Ave., Rolla, MO 65401. The site consists of roughly 6,408 rentable square feet of building space on an estimated 0.91-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 $379,297 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
6,408 SF
Building Class
C
Year Built
2023
Price
$7,192,121 CAD
Price Per SF
$1,122 CAD
Cap Rate
7.50%
NOI
$539,410 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,408 SF
Building FAR
0.16
Lot Size
0.91 AC
PROPERTY TAXES
Parcel Number | 71-09-6.0-14-002-003-023.001 | Improvements Assessment | $62,659 CAD |
Land Assessment | $109,404 CAD | Total Assessment | $172,064 CAD |
PROPERTY TAXES
Parcel Number
71-09-6.0-14-002-003-023.001
Land Assessment
$109,404 CAD
Improvements Assessment
$62,659 CAD
Total Assessment
$172,064 CAD
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Parachute Plasma | 814 S Bishop Ave
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