Listed by Bang Realty, Trinity Real Estate Investment Services
$1,629,430
SouthStar Urgent Care Clinic
Details
Property Type Special Purpose
Sub Type Urgent Care Clinic
Square Footage 3,750
Units 1
Cap Rate 7%
NOI $114,060
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 11
Lease Expiration 01/30/2030
Remaining Term 3.7
Rent Bumps Yes
Lease Options Four (4), 5-Year; 1.5% Annually
Price per SqFt $435
Year Built 2018
Buildings 1
Acreage 0.900
Lease Commencement 02/02/2019
Special Purpose | 7.0% CAP | 3,750 SqFt
Marketing description
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a SouthStar Urgent Care in Marksville, LA. The subject property is situated directly across from Harbor Freight-anchored Marksville Shopping Center and adjacent to Northwestern State University.
Property Website: https://trinityreis.com/listing/863-tunica-dr-e/
In cooperation with Brian Brockman at Bang Realty, Inc | LA #BROK.0995684990-ASA | [email protected] | (513) 898-1551
Investment highlights
- 2018 Development SouthStar Urgent Care Clinic in Marksville, LA
- SouthStar Urgent Care has a Strong Reputation Among Competitors in the Industry with a 87% Brand Rank, Reflecting High Consumer Recognition and Trust
- Absolute NNN Lease with Zero Landlord Responsibilities
- Attractive 1.5% Annual Rental Increases
- Situated Directly Across from Harbor Freight-Anchored Marksville Shopping Center and Adjacent to Northwestern State University
- 3,750 SF Building Sits on .90 Acre Parcel Along Tunica Drive with 18,000+ VPD
- Positioned on Marksville’s Main Commercial Artery With Excellent Visibility and Accessibility
- Essential Healthcare Provider Serving Avoyelles Parish, Ensuring Reliable Traffic and Long-Term Tenancy
- SouthStar Operates 30+ Locations Across the State of Louisiana
Listing Contacts
Listed by Bang Realty, Trinity Real Estate Investment Services
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$114,060.00
$9,505.00/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
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