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27142806
27142814

161 Christian Dr, Rayville, LA 71269

JC
LA995693195
John Rea Realty
Listed by John Rea Realty
$550,000
258 days on market
Updated 34 days ago
Opportunity zone

Fully Leased Medical Office + 1.69 AC

Details
APN 0220457190, 0200427201
Property Type Office
Sub Type Medical Office
Square Footage 5,993
Net Rentable (SqFt) 5,423
Cap Rate 9.6%
NOI $52,816
Occupancy 100%
Tenancy Multi
Brand/Tenant MedCentris
Lease Type Modified
Broker Co-Op Yes
Class B
Year Built 1985
Year Renovated 2025
Buildings 1
Stories 1
Acreage 1.690
Zoning Commercial
Parking Spaces 22 spaces
Parking Per SqFt 3.67
Investment Type Net Lease
Ownership Owned

Stable income stream + excellent potential for future growth

Marketing description

Outstanding investment opportunity in Rayville, LA! This ±5,993 SF medical office building is 100% occupied with two established tenants, Richardson Medical Center and MedCentris, providing reliable income with renewal options in place. Located directly adjacent to Richardson Medical Center, the property benefits from strong long-term demand for medical services in Richland Parish.

Situated on a total of 1.693 acres, the offering includes the improved 0.626-acre parcel plus 1.136 acres of excess land for expansion, parking, or future development. Interior and systems have been refreshed with recent updates including new flooring, paint, faucets, LED lighting, electrical improvements, and a new hot water heater. Roof is approximately 10 years old and reported leak-free.

Property is offered as-is, presenting investors with a stabilized income stream today and excellent potential for future growth. For more information or to schedule your own private tour, call listing agent.

Investment highlights

  • 100% occupied / two established tenants at 9.6% CAP Rate.

  • Reliable income with renewal options in place.

  • Located directly adjacent to Richardson Medical Center.

  • Strong long-term demand for medical services in Richland Parish.

  • Total of 1.693 acres.

  • Improved 0.626-acre parcel plus 1.136 acres of excess land for expansion, parking, or future development.

  • Interior updates include new flooring, paint, faucets, LED lighting, electrical improvements, and a new hot water heater.

  • Excellent potential for future growth.

Listing Contacts

JC
LA995693195
John Rea Realty
Listed by John Rea Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$52,816.00
$4,401.33/mo

Valuation Metrics

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DSCR
9.6%
Cap Rate
9.6%
ROI

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