1971 Highway 412 E - Flex FOR SALE
Siloam Springs, AR 72761 |
$5,106,902 USD
332-345-4222
1971 Highway 412 E
Siloam Springs, AR 72761
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.
- 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 1971 Hwy 412, Siloam Springs, AR 72761. The site consists of roughly 6,408 rentable square feet of building space on an estimated 1.16-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 $383,018 and has scheduled increases of 2.00% annually starting year 7.
FOR SALE DETAILS
PRICE
$5,106,902 USD
PRICE/SF
$518 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Parachute Plasma
PROPERTY TYPE
Flex
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
UTILITIES
-
CLEAR CEILING HT
-
DOCKS
-
DRIVE INS
2
PARKING SPACES
9
LAND DETAILS
LAND ACRES
1.16
LAND SF
50,530
ZONING
C-2
APN/PARCEL ID
03-01981-000
ASK ABOUT THIS PROPERTY
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332-345-4222
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332-345-4222
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