CenterWell Senior Primary Care

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an NNN leased, freestanding, CenterWell Primary Care Center investment property located in Shreveport, Lousiana.​ The tenant, HUM Provider Holdings, LLC (S&P: BBB+ | NYSE: HUM), recently signed a brand new 10-year lease term with 2 (5-year) options, demonstrating their commitment to the site.​ The lease features a 15.90% rental increase at the beginning of year 6, as well as 12% increases at the beginning of each option period, growing NOI and hedging against inflation.​ The lease is NNN leased with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor.​ CenterWell Primary Care Centers are wholly owned by Humana (NYSE: HUM).​

The subject property is strategically located nearby State Highway 3132, averaging 53,900 vehicles passing by daily.​ The asset is located 15 minutes away from downtown Shreveport, making this an ideal, centralized location with easy commutes for both employees and customers.​ The property benefits from nearby on/off ramp access onto U.​S.​ Highway 171 (37,700 VPD), a major north/south traveling interstate.​ The asset is ideally located within a dense retail corridor with numerous surrounding national/credit tenants including a Walmart Supercenter, The Home Depot, Lowe’s Home Improvement, Dollar Tree, Family Dollar, among many more.​ Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure for the site.​ Furthermore, the medical office property is near Willis-Knighton South & the Center for Women’s Health, a major local hospital in Shreveport with more than 775 beds.​ The 5-mile trade area is supported by over 96,200 residents and 50,000 daytime employees, with a healthy annual average household income of $73,111.​

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  Brand New 10-Year Lease | Corporate Signed | Scheduled Rental Increases | Investment Grade

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  NNN Leased | Fee Simple Ownership | Minimal Landlord Responsibilities

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  Nearby State Highway 3132 (53,900 VPD) | Centralized Location |Direct Access to Major U.S. Highway | Excellent Visibility & Access

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  Nearby Residential Communities | Close Proximity to Hospital |Strong Demographics in 5-Mile Trade Area