For Sale
$4,827,880

1336 Dixon BlvdShelby, NC 28152

8,000 SF NNN Medical Office, 7.5% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
116
Exceptional investment opportunity: a brand-new, 8,000-square-foot medical office building in Shelby, North Carolina. This fee-simple property boasts a 20-year absolute triple-net (NNN) lease with Parachute Plasma, a rapidly expanding medical company with a corporate guarantee. The lease commenced upon closing and features a strong initial annual net operating income (NOI) of $362,091, representing a 7.50% capitalization rate. Situated on a 0.84-acre lot at 1336 E Dixon Blvd, Shelby, NC 28152, the building was constructed in 2024. The lease includes attractive 2% annual rent increases beginning in year six, providing significant long-term growth potential. This is a rare opportunity to acquire a stable, high-yielding investment with a creditworthy tenant and substantial future growth prospects. The property is a turnkey investment with no landlord responsibilities. Parachute Plasma's expansion plans indicate a robust and growing tenant base, further enhancing the investment's value and security. This is a prime example of a secure, passive income stream in a thriving market.

Highlights

  • Brand new, 8,000 SF medical office building in Shelby, NC, with a 20-year absolute NNN lease.
  • 2% annual rent increases starting in year six.
  • Corporate guarantee from Parachute Plasma, a rapidly expanding medical company with a strong development pipeline.

Property Details for 1336 Dixon Blvd

Property type
Office properties, Medical offices
Square Feet
8,000 SF
Year Built
2024
Lot Size (sq. ft)
36,590 SF

Location Insight

City
Shelby
County
Cleveland
State
North Carolina
Latitude
35.2726776
Longitude
-81.5174154
1336 Dixon Blvd, Shelby, North Carolina

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1336 Dixon Blvd
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