161 Christian Dr - Office FOR SALE


Rayville, LA 71269
$560,000 USD
318-261-0892
161 Christian Dr, Rayville, LA for Sale
$560,000 USD
Office - FOR SALE
1/10
null | 9.1% Cap Rate

161 Christian Dr
Rayville, LA 71269


HIGHLIGHTS

  • Two Established Tenants/Reliable Income/Renewable Options
  • Proximity to Richardson Medical Center
  • 1.136 acres of excess land for expansion, parking, or future development

OVERVIEW

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, contact listing agent.

FOR SALE DETAILS

PRICE

$560,000 USD

PRICE/SF

$106 USD /SF

CAP RATE

9.1%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fully Leased Medical Office

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

1.69 AC

LAND SF

73,616 SF

ZONING

Commercial

APN/PARCEL ID

0200427201,0220457190

ASK ABOUT THIS PROPERTY

Jennifer CauseyJohn Rea RealtyMore Info
318-261-0892

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Jennifer CauseyJohn Rea RealtyMore Info
318-261-0892

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.