3333 Pontchartrain Dr - Medical FOR SALE


Slidell, LA 70458- Outlying St Tammany Parish
$2,000,000 USD
470-344-2586
3333 Pontchartrain Dr, Slidell, LA for Sale
$2,000,000 USD
Medical - FOR SALE
1/5
null | 6.52% Cap Rate

3333 Pontchartrain Dr
Slidell, LA 70458
Outlying St Tammany Parish


HIGHLIGHTS

  • 4+ Years Remaining | Annual Rental Increases | Options to Extend
  • NNN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • Near Signalized, Hard Corner Intersection | Interstate 10 | Excellent Visibility
  • Fremaux Town Center (640,000 SF) | Dense Retail Corridor | Strong National/Credit Tenant Presence |
  • Strong Demographics in 5-mile Trade Area

OVERVIEW

• The tenant currently has 4+ years remaining on their initial lease with 4 (5-year) options to extend, demonstrating their commitment to the site • The lease features annual rental increases of 1.50% throughout the initial term and options thereafter, growing NOI and hedging against inflation

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$541 USD /SF

CAP RATE

6.52%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

HC

APN/PARCEL ID

87946

ASK ABOUT THIS PROPERTY

Michael BerkSRS Real Estate PartnersMore Info
470-344-2586

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Michael BerkSRS Real Estate PartnersMore Info
470-344-2586

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