609 Rue De Brille - Medical FOR SALE


New Iberia, LA 70563
$2,318,677 USD
404-635-8859
609 Rue De Brille, New Iberia, LA for Sale
$2,318,677 USD
Medical - FOR SALE
1/2
null | 6.5% Cap Rate

609 Rue De Brille
New Iberia, LA 70563


HIGHLIGHTS

  • Investment Grade Tenant
  • Recent Lease Extension
  • Annual Rental Increases
  • Leading Operator
  • Growing Industry

OVERVIEW

Northmarq, on behalf of ownership, is pleased to offer for sale to qualified investors the 100% fee simple interest in this Fresenius Medical Care located at 609 Rue de Brille in New Iberia, Louisiana. Fresenius recently executed an early five (5) year extension of their NN lease, demonstrating a long-term commitment to the site. The lease features 2% annual rental increases throughout the extended term, providing investors with stable and predictable income growth. Fresenius Medical Care is the global leader in kidney care, operating over 4,100 facilities and serving approximately 345,000 patients worldwide. This location offers investors the opportunity to acquire a well-located asset backed by an investment-grade tenant in the growing dialysis treatment sector.

FOR SALE DETAILS

PRICE

$2,318,677 USD

PRICE/SF

$175 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

58

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,000 SF

ZONING

C-2

APN/PARCEL ID

0502988023

ASK ABOUT THIS PROPERTY

Jason PowellNorthmarqMore Info
404-635-8859

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Jason PowellNorthmarqMore Info
404-635-8859

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