219 S 32nd St - Restaurant FOR SALE


Muskogee, OK 74401
$5,044,090 USD
332-345-4222
219 S 32nd St, Muskogee, OK for Sale
$5,044,090 USD
Restaurant - FOR SALE
1/2
null | 7.5% Cap Rate

219 S 32nd St
Muskogee, OK 74401


HIGHLIGHTS

  • Long-Term | Brand New 20-Year Absolute Triple Net (NNN) Lease
  • Annual Rental Increases | Two Percent (2%) Rental Increases Occurring Annually Starting Year 6
  • Corporate Guarantee | The Lease is Subject to a Corporate Guarantee by Join Parachute (19+ Locations)

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Parachute Plasma located at 219 S 32nd St, Muskogee, OK 74401. The site consists of roughly 6,532 rentable square feet of building space on an estimated 1.41-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 $378,307 and has scheduled increases of 2.00% Annually Starting Year 6.

FOR SALE DETAILS

PRICE

$5,044,090 USD

PRICE/SF

$772 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Parachute Plasma

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

1.41 AC

LAND SF

61,420 SF

ZONING

F2

APN/PARCEL ID

15758

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.