3427 Capital - Storefront Retail/Office FOR SALE


Grand Island, NE 68803
$5,674,696 USD
513-300-0763
3427 Capital, Grand Island, NE for Sale
$5,674,696 USD
Storefront Retail/Office - FOR SALE
1/2
null | 7.5% Cap Rate

3427 Capital
Grand Island, NE 68803


HIGHLIGHTS

  • Long-Term, 20-Year Absolute Triple Net (NNN) Lease
  • Attractive Rental Increases | This lease offers attractive rental growth, with a 2.00% annual increase beginning in the seventh year.
  • Growing Credit | The lease is subject to a corporate guarantee by Join Parachute.

OVERVIEW

Bang Realty is pleased to present the exclusive listing for a Parachute Plasma located at 3427 W. Capital Ave, Grand Island, NE 68803. The site consists of roughly 6,408 rentable square feet of building space on an estimated 1.69-acre parcel of land. This Parachute Plasma is subject to a 20-year Triple Net (NNN) lease, which commences at close for escrow. The current annual rent is $425,602 and has scheduled increases of 2.00% annually starting year 7

FOR SALE DETAILS

PRICE

$5,674,696 USD

PRICE/SF

$886 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Parachute Plasma

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.47 AC

LAND SF

151,153 SF

ZONING

COMMERCIAL

APN/PARCEL ID

400149842

ASK ABOUT THIS PROPERTY

Brian BrockmanBang RealtyMore Info
513-300-0763

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Brian BrockmanBang RealtyMore Info
513-300-0763

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