300 Hospital Rd - Retail FOR SALE


New Roads, LA 70760- Pointe Coupee Parish
$1,627,000 USD
504-831-2363
300 Hospital Rd, New Roads, LA for Sale
$1,627,000 USD
Retail - FOR SALE
1/2
null | Request Cap Rate

300 Hospital Rd
New Roads, LA 70760
Pointe Coupee Parish


OVERVIEW

A prime commercial opportunity in the heart of New Roads, LA: 3,750 square foot retail/medical clinic building, completed in 2021. This modern space is ideally positioned to capture the attention of both locals and visitors, offering a great investment for retail entrepreneurs. Boasting a prime location in the New Roads area, this building presents a dynamic retail presence in a thriving community. With its contemporary construction and strategic placement, this property is poised to fulfill the vision of your next commercial real estate venture. Strong Tenant Covenant – SouthStar Urgent Care (originally under Hulin Health) has been part of Community Care Partners, a large urgent care operator. Secure Long-Term Income – Approximately 11 years remain on a 15-year lease, offering reliable and stable cash flow for the long term. Built-In Rent Growth – Annual rent escalations of 1.25% provide steady, predictable income appreciation. Modern, Low-Maintenance Facility – Constructed in 2021, the 3,750 SF building’s newer condition minimizes near-term capital expenditure needs.

FOR SALE DETAILS

PRICE

$1,627,000 USD

PRICE/SF

$434 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SouthStar Urgent Care for Sale

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,124 SF

ZONING

-

APN/PARCEL ID

00672580

ASK ABOUT THIS PROPERTY

Collin HolmesSoutheast Commercial Real EstateMore Info
504-831-2363

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Collin HolmesSoutheast Commercial Real EstateMore Info
504-831-2363

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