131 Corporate Dr | Houma, LA 70360
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- LoopNet Team
131 Corporate Dr
Houma, LA 70360
United Healthcare Urgent Care & Pharmacy · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Primary Care Plus is operated by United Healthcare Services, Inc., a subsidiary of UnitedHealth Group (NYSE: UNH), the nation's largest insurer
- Urgent Care Pharmacy will execute a new 10-year Absolute NNN lease upon closing, which will feature 2% annual rent increases and (4) 5-yr options
- The site benefits from exposure to consumers at nearby national retailers including Walmart, Lowes, Home Depot, Target, HobbyLobby, Marshall’s & Petco
- Primary Care Plus is currently operated under a 7-year lease, with 5 years remaining, limited landlord responsibilities, and (5) 3-yr options
- The Property is located in Houma’s densest concentration of retail, totaling 1.8 million SF and boasting a 99.3% occupancy rate.
- The Urgent Care Market is estimated to reach around $46.7 billion in revenue this year, growing at a CAGR of 3.1% over the past five years.
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
10,119 SF
Building Class
C
Year Built
2004
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,271 SF
Building FAR
0.20
Lot Size
1.19 AC
PROPERTY TAXES
| Parcel Number | 10054 | Improvements Assessment | $165,810 |
| Land Assessment | $22,920 | Total Assessment | $188,730 |
PROPERTY TAXES
Parcel Number
10054
Land Assessment
$22,920
Improvements Assessment
$165,810
Total Assessment
$188,730
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