Freestanding Parachute Plasma Investment
640 Jake Alexander Blvd W, Salisbury, NC 28147
NNN leased Parachute Plasma investment property with over 9 years remaining.
Type:Retail
Property size:
10,908 SFPrice / SF:
$522/SF- Added:
- Feb 23, 2026
- Days on Market:
- 78
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 640 Jake Alexander Blvd W
General Information
- Standard status
- Active
- Size
- 10,908 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1997
Listing agent Patrick Nutt License #BK3120739
Listing office SRS Real Estate Partners Tampa
Listing date Feb 23, 2026
Source Crexi
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 SRS Real Estate Partners Tampa
HighLights
- NNN lease with over 9 years remaining and 4 (5‑year) options to extend, providing stable long‑term income.
- 10% rental increases in year 11 and at the beginning of each option period.
- Located at a signalized, hard corner intersection with high traffic volume (42,500 VPD) and excellent visibility.
- NNN lease structure with limited landlord responsibilities.
- Strong tenant, Parachute Plasma, an independent plasma collection company with 30+ locations.
- Dense surrounding residential area, proximity to universities, and major employers.
Overview
This is a fee simple interest (land & building ownership) investment property located in Salisbury, North Carolina. The property is leased to Parachute Plasma, an independent plasma collection company with over 30 locations. The tenant has over 9 years remaining on its lease, with 4 (5-year) options to extend. The lease includes 10% rental increases in year 11 and at the beginning of each option period. The lease is NNN with limited landlord responsibilities. The property has excellent visibility and multiple points of access at the signalized, hard corner intersection of Jake Alexander Blvd W. and Lincolnton Road, which has a combined traffic count of 42,500 vehicles per day. Nearby tenants include Planet Fitness, Harris Teeter Grocery, ALDI, Food Lion, and Walgreens. The property is located at the center of the retail corridor in downtown Salisbury. The surrounding area includes single-family residential communities, Livingstone and Catawba universities, and over 600 apartment and multi-family units within 2 miles. The location benefits from a dense residential population, higher education institutions, and employers such as Food Lion, which is headquartered in Salisbury. The 5-mile trade area has a population of over 59,700 residents and 37,300 employees, with an average household income of $85,796. The property size is 10908 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Mary A. Morgan, PharmD
Pharmacy
higi
Physician
Ramona G. Brown, ...
Pharmacy
Mary Prince, Crna
Pharmacy
ImmunoTek Bio Centers
Medical Clinic
Location Insight
- Map
- Local Demand
- City
- Salisbury
- County
- Rowan
- State
- North Carolina
- Longitude
- -80.498485
- Latitude
- 35.664033
Nearby Similar for Sale
FAQs
What type of property is this?
NNN property - NNN leased Parachute Plasma investment property with over 9 years remaining.
Where is this nnn property located?
The property is located at 640 Jake Alexander Blvd W Salisbury, NC.
What is the asking price?
The asking price for this property is $5,704,000.
What are key features of this property?
This property features: NNN lease with over 9 years remaining and 4 (5‑year) options to extend, providing stable long‑term income.; 10% rental increases in year 11 and at the beginning of each option period.; Located at a **signalized, hard corner intersection with high traffic volume (42,500 VPD) and excellent visibility.**
