3451 Cypress Mill Rd - Freestanding FOR SALE


Brunswick, GA 31520
$5,146,575 USD
332-345-4222
3451 Cypress Mill Rd, Brunswick, GA for Sale
$5,146,575 USD
Freestanding - FOR SALE
1/3
null | 7.5% Cap Rate

3451 Cypress Mill Rd
Brunswick, GA 31520


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 | 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

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.

FOR SALE DETAILS

PRICE

$5,146,575 USD

PRICE/SF

$817 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Parachute Plasma

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

HC

APN/PARCEL ID

01-00140

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.