30789 Range Ave - Medical FOR SALE


Denham Springs, LA 70726- Livingston Parish
$540,958 USD
407-557-3859
30789 Range Ave, Denham Springs, LA for Sale
$540,958 USD
Medical - FOR SALE
1/3
null | 9.5% Cap Rate

30789 Range Ave
Denham Springs, LA 70726
Livingston Parish


HIGHLIGHTS

  • Modified Net Lease Structure- Allows for Passive Ownership
  • Growing Practice with Strong Fundamentals - Location has Three Full Time Providers
  • 3-Year Lease Renewal Executed in October 2025- Demonstrates Tenant’s Commitment to the Location
  • High-Yield Medical Office Investment Opportunity - 8.23% Cap Rate Year 1 - Attractive Price Point
  • Replaceable Rental Rate- Tenant Currently Pays $15.25/SF in net Rent
  • Potential Upside - Tenant has no Options to Renew the Lease

OVERVIEW

Modified Net Lease Structure- Allows for Passive Ownership Growing Practice with Strong Fundamentals - Location has Three Full Time Providers - Offers Wide Variety of Services: Adult Primary Care, Behavioral Health, and Pediatric Primary Care 3-Year Lease Renewal Executed in October 2025- Demonstrates Tenant’s Commitment to the Location High-Yield Medical Office Investment Opportunity - 8.23% Cap Rate Year 1 - Attractive Price Point Replaceable Rental Rate- Tenant Currently Pays $15.25/SF in net Rent Potential Upside - Tenant has no Options to Renew the Lease - Allows for Lease Re-Structuring Opportunity in 2.5 Years Strong Market Presence- Open Health Care Clinic has Eight Locations in the Baton Rouge Market Major Employment Sector of Baton Rouge Baton Rouge Combines a Large-Scale Health System with Academic Medicine from Louisiana State University Which Becomes a Direct Source of Providers to Local Practic

FOR SALE DETAILS

PRICE

$540,958 USD

PRICE/SF

$185 USD /SF

CAP RATE

9.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Open Health Care Clinic

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

0582031

ASK ABOUT THIS PROPERTY

Giovanni FigueiredoMarcus & MillichapMore Info
407-557-3859

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Giovanni FigueiredoMarcus & MillichapMore Info
407-557-3859

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