Listed by SRS Real Estate Partners New York, SRS Real Estate Partners Atlanta, SRS Real Estate Partners Newport Beach
$1,744,000
SouthStar Urgent Care - Shreveport (Many) LA
Details
APN 0043126501A
Property Type Office, Retail
Sub Type Medical Office, Storefront
Square Footage 3,800
Cap Rate 6.5%
NOI $113,337
Tenancy Single
Lease Type NNN
Lease Term 10
Lease Expiration 10/31/2029
Remaining Term 3.3
Rent Bumps Yes
Lease Options 4 (5-Year)
Price per SqFt $459
Year Built 2019
Acreage 0.670
Zoning Community & Central Business District
Parking Spaces 23 spaces
Parking per 1,000 SqFt 6.05
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 11/01/2019
Ownership Fee Simple
Office | 6.50% CAP | 3,800 SqFt
Investment highlights
3.5 Years Remaining | Annual Rental Increases | Options To Extend
NNN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
Nearby National/Credit Tenants | Retail Corridor
Stable Consumer Base | Established Employment Hub | Strong Local Demographic
Highly Trafficked Corrdor | Excellent Frontage Visibility
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
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Annual Debt Service
$--
$--
Annual Cash Flow
$113,337.00
$9,444.75/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
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