9525 Mansfield Rd - Health Care FOR SALE


Shreveport, LA 71118- Hyde Park/Brookwood/Southern Hills
$2,200,000 USD
703-300-3521
9525 Mansfield Rd, Shreveport, LA for Sale
$2,200,000 USD
Health Care - FOR SALE
1/16
null | 6% Cap Rate


HIGHLIGHTS

  • Current annual rent: $131,893.64 (Year 5 of lease)
  • 1.25%-1.50% annual rent increases through 2033
  • CPI adjustments during option periods
  • 2021 renovation - turnkey condition
  • 28,000+ VPD on Mansfield Road
  • 204,000+ population within 7-mile radius

OVERVIEW

Positioned in the heart of Shreveport’s established Mansfield Road commercial corridor, this single-tenant SouthStar Urgent Care presents an exceptional net-lease investment backed by a proven medical operator and supported by long-term regional demand drivers. The property benefits from more than 28,000 vehicles per day, direct proximity to a Walmart Supercenter, and immediate adjacency to Willis-Knighton South Medical Center, one of the area’s major healthcare anchors. These dynamics collectively establish a durable consumer base and consistent traffic flow to the site. The facility comprises a fully renovated medical clinic completed in 2021 and maintained in turnkey condition under a strong absolute NNN lease. With seven and a half years remaining on the initial 12-year term, the lease provides investors with reliable income secured by annual increases of 1.25 to 1.50 percent through 2033, followed by CPI-based adjustments in each of the three five-year renewal options. Roof replacement in 2025 adds further long-term stability, reinforced by a 20-year warranty extending through 2045, while all major building systems, interior areas, utilities, taxes, insurance, and site maintenance are fully tenant-responsible. SouthStar Urgent Care, operated by Hulin Health, stands as a leading statewide healthcare provider with more than 25 clinic locations across Louisiana. Supported by Shore Capital Partners, a private equity group with more than $14 billion under management, the tenant combines strong credit qualities with a business model designed for high-frequency, non-emergency patient care. Core services include X-rays, diagnostics, occupational health, sports physicals, COVID-19 testing, and treatment of non-life-threatening injuries, further reinforcing the stability of this essential service tenant. Offering a compelling combination of medical tenancy, absolute NNN structure, strong rent escalations, and an established regional trade area with more than 204,000 residents within seven miles, this property represents a rare opportunity to acquire a passive, recession-resistant healthcare asset in a thriving Louisiana market.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$688 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,155 SF

ZONING

C-3

APN/PARCEL ID

161409-086-0001-00

ASK ABOUT THIS PROPERTY

Drew LangfordSVN | Wood PropertiesMore Info
703-300-3521

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Drew LangfordSVN | Wood PropertiesMore Info
703-300-3521

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