1301 N Express Way - Bank FOR SALE


Griffin, GA 30223
$4,305,253 USD
332-345-4222
1301 N Express Way, Griffin, GA for Sale
$4,305,253 USD
Bank - FOR SALE
1/2
null | 7.5% Cap Rate

1301 N Express Way
Griffin, GA 30223


HIGHLIGHTS

  • Absolute Triple-Net (NNN) Lease with Attractive Rental Increases
  • Growing Credit
  • Recession Proof Tenant
  • FDA Licensed Operator and Location

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Parachute Plasma located at 1301 N Express Way, Griffin, GA 30223. The site consists of roughly 6,010 rentable square feet of building space on an estimated 1.37-acre parcel of land. This Parachute Plasma is subject to a 20-year Triple Net (NNN) lease, which will commence upon the Close of Escrow*. The current annual rent is $322,894 and has scheduled increases of 2.00% annually starting year 7.

FOR SALE DETAILS

PRICE

$4,305,253 USD

PRICE/SF

$1,075 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Parachute Plasma

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.37 AC

LAND SF

59,677 SF

ZONING

PCD

APN/PARCEL ID

066-01-065

ASK ABOUT THIS PROPERTY

Glen KunofskySurmountMore Info
332-345-4222

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Glen KunofskySurmountMore Info
332-345-4222

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