27 Highway 75 N - Specialty FOR SALE


Huntsville, TX 77320- Downtown Huntsville
$4,446,640 USD
332-345-4222
27 Highway 75 N, Huntsville, TX for Sale
$4,446,640 USD
Specialty - FOR SALE
1/2
null | 7.5% Cap Rate

27 Highway 75 N
Huntsville, TX 77320
Downtown Huntsville


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 27 Hwy 75 N., Huntsville, TX 77320. The site consists of roughly 6,388 rentable square feet of building space on an estimated 1.15-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 $333,498 and has scheduled increases of 2.00% annually starting year 7.

FOR SALE DETAILS

PRICE

$4,446,640 USD

PRICE/SF

$1,753 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Parachute Plasma

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

Commercial

APN/PARCEL ID

29028

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.