17170 I-12 Service rd - Medical FOR SALE


Ponchatoula, LA 70454
$7,285,375 USD
732-856-4349
17170 I-12 Service rd, Ponchatoula, LA for Sale
$7,285,375 USD
Medical - FOR SALE
1/14
null | 8% Cap Rate

17170 I-12 Service rd
Ponchatoula, LA 70454


HIGHLIGHTS

  • Secure NNN Income: 7-year triple-net lease (5 years remaining) with Northshore Eye Associates & Northshore ASC
  • High Barrier to Entry: Limited supply of specialized outpatient surgical space reinforces long-term demand.
  • Purpose-Built Medical Facility: 17,665?SF constructed in 2010 with two ORs, on-site optical lab & six-bed recovery suite.

OVERVIEW

Zeustra is proud to present an unparalleled investment opportunity in a best-in-class ophthalmology and ambulatory surgery center campus totaling 17,665?SF, fully NNN-leased to the highly regarded Northshore Eye Associates and Northshore ASC. Purpose-built in 2010 with specialized medical infrastructure—including two operating rooms, an on-site optical lab, and a six-bed recovery suite—this asset is designed for clinical efficiency and patient comfort. With a secure 7-year lease commenced July 1, 2023 (five years remaining) and built-in 2.5% annual rent escalators, investors will benefit from a predictable, inflation-protected income stream. The tenant’s mission-critical use and triple-net lease structure shift all operating expenses to the tenant, delivering true hands-off ownership and institutional-quality cash flow. Strategically located on the high-growth I-12 corridor between Baton Rouge and New Orleans—just one mile from the 330-bed North Oaks Medical Center—this campus captures a robust referral network and a regional population exceeding 250,000. Hammond’s MSA continues to expand, fueled by healthcare, education, and logistics sectors, and faces limited supply of specialized outpatient surgical space. This turnkey property offers discerning investors a rare combination of market resilience, demographic momentum, and best-in-class tenancy—positioning it as a cornerstone holding for any healthcare-focused portfolio.

FOR SALE DETAILS

PRICE

$7,285,375 USD

PRICE/SF

$412 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Northshore Eye Associates

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

48.21 AC

LAND SF

2,100,028 SF

ZONING

-

APN/PARCEL ID

02192403

ASK ABOUT THIS PROPERTY

Ryan LupoZeustra Real Estate Investment ServicesMore Info
732-856-4349

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Ryan LupoZeustra Real Estate Investment ServicesMore Info
732-856-4349

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