2841 Wisconsin St Sidney, OH 45365
- Office Properties & Spaces
- 6,533 SF
- 1.11 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 2841 Wisconsin St
- Year built
- 2024
- Lot size
- 1.11 lot acres
- Property size
- 6,533 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
Exceptional investment opportunity: a 6,533 square foot medical office building in Sidney, Ohio, situated on a 1.11-acre lot. This property boasts a brand new, 20-year absolute triple-net (NNN) lease with a corporate guarantee from Join Parachute, a rapidly expanding company with plans for significant future growth. The current annual net operating income (NOI) is $373,372, representing a 7.50% cap rate on the $4,978,296 asking price. Built in 2024, the property enjoys 100% occupancy. The lease includes attractive rental increases of 2.00% annually, commencing in year seven, ensuring consistent income growth and long-term value appreciation. This investment benefits from the robust growth trajectory of the plasma industry, projected to reach $57 billion by 2032. The tenant's strong financial backing and the long-term lease structure provide exceptional security and predictable returns for investors. This is a rare opportunity to acquire a high-quality, net-leased medical office building in a thriving market. The property is located at 2841 Wisconsin St, Sidney, OH 45365.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sidney
- County
- Shelby
- State
- Ohio
- Longitude
- -84.2056
- Latitude
- 40.2882
