2020 Bert Kouns Industrial Loop - Medical FOR SALE


Shreveport, LA 71118- Hyde Park/Brookwood/Southern Hills
$3,235,000 USD
949-270-8229
2020 Bert Kouns Industrial Loop, Shreveport, LA for Sale
$3,235,000 USD
Medical - FOR SALE
1/11
null | 6% Cap Rate

2020 Bert Kouns Industrial Loop
Shreveport, LA 71118
Hyde Park/Brookwood/Southern Hills


HIGHLIGHTS

  • Brand New 10-Year Lease | Corporate Signed | Scheduled Rental Increases | Investment Grade
  • NNN Leased | Fee Simple Ownership | Minimal Landlord Responsibilities
  • Nearby State Highway 3132 (53,900 VPD) | Centralized Location |Direct Access to Major U.S. Highway | Excellent Visibility & Access
  • Nearby Residential Communities | Close Proximity to Hospital |Strong Demographics in 5-Mile Trade Area

OVERVIEW

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an NNN leased, freestanding, CenterWell Primary Care Center investment property located in Shreveport, Lousiana. The tenant, HUM Provider Holdings, LLC (S&P: BBB+ | NYSE: HUM), recently signed a brand new 10-year lease term with 2 (5-year) options, demonstrating their commitment to the site. The lease features a 15.90% rental increase at the beginning of year 6, as well as 12% increases at the beginning of each option period, growing NOI and hedging against inflation. The lease is NNN leased with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. CenterWell Primary Care Centers are wholly owned by Humana (NYSE: HUM).

FOR SALE DETAILS

PRICE

$3,235,000 USD

PRICE/SF

$364 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CenterWell Senior Primary Care

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

41

LAND DETAILS

LAND ACRES

4.49 AC

LAND SF

195,584 SF

ZONING

C-1

APN/PARCEL ID

161403-059-0001-00

ASK ABOUT THIS PROPERTY

Stephen SullivanSRS National Net LeaseMore Info
949-270-8229

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Stephen SullivanSRS National Net LeaseMore Info
949-270-8229

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