Property profile

2841 Wisconsin St Sidney, OH 45365

OFF-MARKET
Office Spaces
6,533 SF 1.11 ac lot Built 2024
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Year built 2024
Total area 6,533 SF
Lot 1.11 ac (48,352 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2841 Wisconsin St Sidney, OH 45365
Sidney metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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