1336 E Dixon Blvd, Shelby, NC 28152

Absolute Triple-Net (NNN) Lease with Attractive Rental Increases | The property features an original 20-year triple-net (NNN) lease that will commence upon close of escrow. The lease features strong rental increases of 2% starting in year 7 and continuing annually throughout the remainder of the base term and options, providing significant income growth and a hedge against inflation.

Growing Credit | The lease features a corporate guarantee by Join Parachute, which currently operates over 33 locations today with an extensive development pipeline. A potential investor will benefit from the enhancement of the corporate credit, as Join Parachute opens several new centers each year.

Recession Proof Tenant | The plasma donation industry is widely regarded as recession-proof due to its essential role in healthcare and its unique economic dynamics. In times of financial hardship, individuals often are more incentivized to donate plasma for compensation, therefore increasing supply and overall profitability within the industry.

FDA Licensed Operator and Location | Join Parachute is one of a few plasma donation operators in the United States that is federally licensed to collect and sell plasma. The rigorous FDA approval process typically takes 2-3 years and limits new competition from entering the industry and further underscores Join Parachute's competitive advantage over new operators.