2463 Main St Crossville, TN 38555-5407

This exceptional investment opportunity presents a 6,389-square-foot medical office building located at 2463 N Main St, Crossville, Tennessee, 38555. The property sits on a 0.96-acre lot and is currently 100% occupied by Parachute Plasma, a tenant with a strong track record (23+ locations). The building, constructed in 2024, is offered at $4,254,238, representing a compelling 6.75% capitalization rate based on a Net Operating Income (NOI) of $287,161. The investment is structured as a 20-year triple-net (NNN) lease, absolving the landlord of all operational responsibilities. This long-term lease provides financial stability with built-in annual rent increases of 2% commencing in year two, and includes four and five-year renewal options. Further enhancing the security of this investment is the corporate guarantee provided by Join Parachute. This turnkey medical office building presents a rare opportunity for passive income generation with significant long-term growth potential in the thriving Crossville market. The property's prime location and strong tenant covenant make it an ideal addition to any diversified real estate portfolio. The price per square foot is $665.87.