Log In/Sign Up
Your email has been sent.
Louisiana Family Medicine 103 Watts St 10,000 SF Office Building Jonesboro, LA 71251 $3,100,000 ($310/SF) 7.74% Cap Rate
Investment Highlights
- Mission-Critical Facility Anchored by Louisiana Family Medicine Clinic, a full-service, multi-specialty practice serving as a key outpatient provider
- Fully leased to a single, established tenant with high clinical throughput and strong community ties.
- Located directly across from Jackson Parish Hospital (currently undergoing an $11M expansion), reinforcing long-term demand and medical synergy.
- Brand-new 5-year NNN lease generating $240,000 in Year 1 NOI with 2% annual increases and no landlord responsibilities.
- Equipped with CT scanner, ultrasound, and DEXA for diagnostics—supporting value-based care delivery and high reimbursement rates.
Executive Summary
Louisiana Family Medicine Clinic is a newly structured NNN sale-leaseback with a 5-year lease term and 2% annual increases. The 10,000 SF medical office is 100% occupied and purpose-built to support comprehensive outpatient care, including primary care, women’s health, pediatrics, chronic disease management, and urgent care.
The facility is operated by a physician-led group with strong regional ties and long-standing community presence. Modern clinical infrastructure includes CT, ultrasound, and DEXA equipment, making this a mission-critical location for patient care in Jackson Parish.
Strategically located across from Jackson Parish Hospital, the property benefits from proximity to a $11M hospital expansion, steady patient referral traffic, and limited local competition. The broader region includes feeder markets such as Ruston and Monroe, drawing from a combined population base of 600,000+.
This stabilized, income-producing asset is ideally suited for investors seeking durable cash flow, healthcare tenancy, and exposure to a high-demand, underserved medical market.
The facility is operated by a physician-led group with strong regional ties and long-standing community presence. Modern clinical infrastructure includes CT, ultrasound, and DEXA equipment, making this a mission-critical location for patient care in Jackson Parish.
Strategically located across from Jackson Parish Hospital, the property benefits from proximity to a $11M hospital expansion, steady patient referral traffic, and limited local competition. The broader region includes feeder markets such as Ruston and Monroe, drawing from a combined population base of 600,000+.
This stabilized, income-producing asset is ideally suited for investors seeking durable cash flow, healthcare tenancy, and exposure to a high-demand, underserved medical market.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
10,000 SF
Building Class
B
Year Built
2014
Price
$3,100,000
Price Per SF
$310
Cap Rate
7.74%
NOI
$240,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
10,000 SF
Building FAR
0.23
Lot Size
1.00 AC
Parking
51 Spaces (5.1 Spaces per 1,000 SF Leased)
1 1
Property Taxes
| Parcel Number | 009-5021750 | Improvements Assessment | $132,770 |
| Land Assessment | $2,500 | Total Assessment | $135,270 |
Property Taxes
Parcel Number
009-5021750
Land Assessment
$2,500
Improvements Assessment
$132,770
Total Assessment
$135,270
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Louisiana Family Medicine | 103 Watts St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.