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.