8375 Florida Blvd - Hospitals FOR SALE


Denham Springs, LA 70726- Livingston Parish
$5,461,905 USD
612-332-6600
8375 Florida Blvd, Denham Springs, LA for Sale
$5,461,905 USD
Hospitals - FOR SALE
1/2
null | 6.4% Cap Rate

8375 Florida Blvd
Denham Springs, LA 70726
Livingston Parish


HIGHLIGHTS

  • Sage Specialty Hospital is on a NNN lease with 12 years remaining and 2% annual rent increases.
  • Sage Specialty Hospital (LTAC) offers patients with complex medical conditions the continued intensive medical care they need when discharged.
  • The Carpenter Health Network is a well-established healthcare operator with 38 locations across the south.
  • 1-mile average household income of $94,013 and 5-mile population of 71,832.
  • Located approximately 6 miles from Our Lady of the Lake Regional Medical Center with 900+ beds.

OVERVIEW

License Type: LTAC Capacity: 54 Beds The net lease investment portfolio includes land, building, and long term lease. The business is not for sale.

FOR SALE DETAILS

PRICE

$5,461,905 USD

PRICE/SF

$151 USD /SF

CAP RATE

6.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sage Specialty Hospital

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Hospitals

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

11.16 AC

LAND SF

486,130 SF

ZONING

C

APN/PARCEL ID

0076299

ASK ABOUT THIS PROPERTY

Keith SturmUpland Real Estate Group, Inc.More Info
612-332-6600

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

Keith SturmUpland Real Estate Group, Inc.More Info
612-332-6600

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