fbpx Skip to Content

Parachute Plasma

Rolla, Missouri

Map View

Street View

NNN Pro Group is pleased to present the exclusive listing for a Parachute Plasma located at 814 S Bishop Ave in Rolla, Missouri. The site consists of roughly 6,408 rentable square feet of building space on estimated 1.03-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 $404,069 and is scheduled to increase by 2% annually starting in year 6 and 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

Key Details

Price:
$5,772,421
Cap Rate:
7.00%
Annual Rent:
$404,069
Address:
814 S Bishop Avenue, Rolla, Missouri 65401
Lease Type:
Triple Net (NNN)

Original Lease Term:
20 Years
Lease Commencement:
Close of Escrow
Lease Expiration:
20 Years from Close of Escrow
Lease Term Remaining:
20 Years
Rental Increases:
2% Annually Starting Year 6
Lot Size:
1.03 Acres
Building Size:
6,408 SF
Year Built:
2023
Tenant:
Parachute Plasma

Talk to the pros

Glen Kunofsky

License: 49KU1129178

Alan Laulainen

Broker of record

Brian Brockman

Bang Realty-Missouri, Inc

License: 2017032771


Similar Properties

available

Dollar General

150 South 1st Street, Rolla, Missouri, 72565

available

Dollar General Market

800 East Main Street, Rolla, Missouri, 72638

available

Dollar General

12051 Hwy 62 East, Rolla, Missouri, 72544

available

Sonic

2470 Shorter Ave, Rolla, Missouri, 30165