Listed by SRS Real Estate Partners New York, SRS Real Estate Partners Atlanta, SRS Real Estate Partners Newport Beach
$1,746,000
SouthStar Urgent Care - Shreveport (Ruston) LA
Details
APN 280
Property Type Office, Retail
Sub Type Medical Office, Storefront
Square Footage 3,750
Cap Rate 6.5%
NOI $113,520
Tenancy Single
Lease Type NNN
Rent Bumps Yes
Lease Options 4 (5-Year)
Price per SqFt $466
Year Built 2020
Acreage 0.300
Zoning Commercial
Parking Spaces 12 spaces
Parking Per SqFt 3.20
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Ownership Fee SImple
Office | 6.50% CAP | 3,750 SqFt
Investment highlights
6+ Years Remaining | Annual Rental Increases | Options to Extend
NNN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
Outparcel to North Park Mall Shopping Center | Louisiana Tech University
Signalized, Hard Corner Intersection | Directly off Interstate 20
Strong Demographics in 5-mile Trade Area
Listing Contacts
Listed by SRS Real Estate Partners New York, SRS Real Estate Partners Atlanta, SRS Real Estate Partners Newport Beach
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$113,520.00
$9,460.00/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
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