Parachute Plasma

Vincennes, Indiana

NNN Pro Group is pleased to present the exclusive listing for a Parachute Plasma located at 2608 N 6th St in Vincennes, Indiana. The site consists of roughly 7,120 rentable square feet of building space on estimated 0.99-acre parcel of land. This Parachute Plasma is subject to a 20-year absolute triple-net (NNN) lease, which will commence at the close of escrow. The current annual rent is $343,496 and is scheduled to increase by 2% annually starting in year 6 throughout the base term and in each of the 4, 5-year renewal options.

About the Investment

✓ Long-Term, Brand New 20-Year Absolute Triple Net (NNN) Lease
✓ Two Percent (2%) Rental Increases Occurring Annually Starting Year 6
✓ Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
✓ Corporate Guarantee: The Lease is Subject to a Corporate Guarantee by Join Parachute: 17+ Locations