699 Creekview Dr - Medical FOR SALE


Columbus, IN 47201
$4,972,548 USD
332-345-4222
699 Creekview Dr, Columbus, IN for Sale
$4,972,548 USD
Medical - FOR SALE
1/2
null | 7.5% Cap Rate

699 Creekview Dr
Columbus, IN 47201


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 699 Creekview Dr., Columbus, IN 47201. The site consists of roughly 6,408 rentable square feet of building space on an estimated 1-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 $372,941 and has scheduled increases of 2.00% annually starting year 7.

FOR SALE DETAILS

PRICE

$4,972,548 USD

PRICE/SF

$776 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

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

CC

APN/PARCEL ID

-

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.