814 S Bishop Ave - Medical FOR SALE


Rolla, MO 65401
$5,057,288 USD
332-345-4222
814 S Bishop Ave, Rolla, MO for Sale
$5,057,288 USD
Medical - FOR SALE
1/2
null | 7.5% Cap Rate

814 S Bishop Ave
Rolla, MO 65401


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.
  • 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.

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Parachute Plasma located at 814 S Bishop Ave., Rolla, MO 65401. The site consists of roughly 6,408 rentable square feet of building space on an estimated 0.91-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 $379,297 and has scheduled increases of 2.00% annually starting year 7.

FOR SALE DETAILS

PRICE

$5,057,288 USD

PRICE/SF

$789 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Parachute Plasma

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

-

APN/PARCEL ID

71-09-6.0-14-002-003-023.001

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.