Griffin, GA - Plasma Center

1301 N Expy, Griffin, GA

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For Sale

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NNN leased Parachute Plasma on 1.37 acres.

Type:OFFICE

Property size:

6,010 SF

Lot size:

1.45 Acres

Price / SF:

$786/SF

HighLights

Brand new 20‑year absolute Triple Net (NNN) lease.
Annual rent of $342,641.
Four (4), Five (5)-Year Tenant Renewal Options, bringing the potential lease term to 40 years.
Two Percent (2%) Rental Increases Occurring Annually Starting Year 6.
Located at 1301 North Expressway, Griffin, Georgia 30223.
The site consists of roughly 6010 rentable square feet of building space on an estimated 1.37‑acre parcel of land.

We can help!

Listing Contact

Glen Kunofsky

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For Sale

Contact for pricing

NNN leased Parachute Plasma on 1.37 acres.

Type:OFFICE

Property size:

6,010 SF

Lot size:

1.45 Acres

Price / SF:

$786/SF

Added:: Sep 23, 2024
Days on Market:: 631
Last Refresh:: May 20 at 9:22 pm

Property Features for 1301 N Expy

General Information

Standard status: Active
Size: 6,010 SF
Lot size: 1.45 Acres
Property subtype: OFFICE

We can help!

Listing Contact

Glen Kunofsky

Listing agent Glen Kunofsky License #49KU1129178

Listing office NNN Pro Group

Listing date Sep 23, 2024

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of NNN Pro Group

HighLights

Brand new 20‑year absolute Triple Net (NNN) lease.
Annual rent of $342,641.
Four (4), Five (5)-Year Tenant Renewal Options, bringing the potential lease term to 40 years.
Two Percent (2%) Rental Increases Occurring Annually Starting Year 6.
Located at 1301 North Expressway, Griffin, Georgia 30223.
The site consists of roughly 6010 rentable square feet of building space on an estimated 1.37‑acre parcel of land.

Overview

The property at 1301 North Expressway, Griffin, Georgia, is a Parachute Plasma center. It features approximately 6,010 square feet of rentable building space on an estimated 1.37-acre parcel of land. The property is subject to a 20-year absolute triple net (NNN) lease, commencing upon the close of escrow. The annual rent is $342,641, with scheduled increases of 2.00% annually starting year 6. The tenant has four (4), five (5)-year renewal options, potentially extending the lease term to 40 years.

Location Intelligence

Current Use by Public Records

Parachute - Plasma Donation ... Medical Clinic

Suggested Use

Similar Places Nearby

GNC — 1424 N Expy, Griffin, GA 30223
Walmart Pharmacy — 1569 N Expy, Griffin, GA 30223
Phillip Smith — 1569 N Expy, Griffin, GA 302231746
Christopher Williams — 1569 N Expy, Griffin, GA 302231746
Sara Khajehei — 1569 N Expy, Griffin, GA 302231746

Location Insight

Map
Local Demand

City: Griffin
County: Spalding
State: Georgia
Longitude: -84.2915
Latitude: 33.2727

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For sale
Drug stores
GA
Griffin
1301 N Expy

What type of property is this?

Drug store - NNN leased Parachute Plasma on 1.37 acres.

Where is this drug store located?

The property is located at 1301 N Expy Griffin, GA.

What is the asking price?

The asking price for this property is $4,726,083.

What are key features of this property?

This property features: Brand new 20‑year absolute Triple Net (NNN) lease.; Annual rent of $342,641.; Four (4), Five (5)-Year Tenant Renewal Options, bringing the potential lease term to 40 years.

1301 N Expy, Griffin, GA

NNN leased Parachute Plasma on 1.37 acres.

Property Features for 1301 N Expy

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Griffin Restaurant on Highway 19/41

Griffin Commercial Building on 2.4 Acres

Griffin Commercial Property For Sale

Griffin Commercial Property with Parking

Griffin Commercial Building For Sale

Griffin Office Building with Lot

Griffin Office Building For Sale

Corner Lot Commercial Building

Restaurant Property with Multiple Entrances

Turn-Key Restaurant in Historic Building

All-Brick Medical Office Building

Griffin Church with Lease Income

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