Parachute Plasma
Office | 7.50% CAP | 6,408 SqFt
Marketing description
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.
Investment 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. The lease will have no landlord responsibilities.
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. Join Parachute currently operates 33 locations with an extensive development pipeline.
Emerging Industry | The Plasma industry is currently a $28B dollar industry with a growth rate of 7.3% CAGR. By 2032 it is expected to be a $57B industry.
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