113 S Van Buren St - Medical FOR SALE


Enid, OK 73703
$4,128,610 USD
332-345-4222
113 S Van Buren St, Enid, OK for Sale
$4,128,610 USD
Medical - FOR SALE
1/2
null | 7.5% Cap Rate

113 S Van Buren St
Enid, OK 73703


HIGHLIGHTS

  • Long-Term, 20-Year Absolute Triple Net (NNN) Lease
  • Attractive Rental Increases | The lease will feature 2.00% rental increases starting in year 7.
  • Growing Credit | The lease is subject to a corporate guarantee by Join Parachute.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$4,128,610 USD

PRICE/SF

$582 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Parachute Plasma

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

-

APN/PARCEL ID

4970-00-004-006-0-028-00

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.