Log In/Sign Up
Your email has been sent.
Resolve Pain Solutions | 9% Cap Rate 14169 Highway 73 8,000 SF Office Building Prairieville, LA 70769 $470,555 ($58.82/SF) 9% Cap Rate
Investment Highlights
- Triple Net Lease Structure- Allows for Passive Ownership
- 5-Year Lease Executed in May 2024- Features Attractive CPI Increase During Renewal Option
- Baton Rouge Serves as Regional Spine Patient Referral Hub- Home of The Spine Hospital of Louisiana
- Growing Practice with Strong Presence and Backing by Compass Group Equity Partners
- High-Yield Medical Office Investment Opportunity- 9% Cap Rate Year 1
- Significant Historical Occupancy- Spine Diagnostic & Pain Treatment Center has Been in the Market for 23+ Years
Executive Summary
Triple Net Lease Structure- Allows for Passive Ownership
Growing Practice with Strong Presence and Backing by Compass Group Equity Partners- Spine Diagnostic & Pain Treatment Center Acquired by Resolve Pain Solutions in 2026
5-Year Lease Executed in May 2024- Features Attractive CPI Increase During Renewal Option
High-Yield Medical Office Investment Opportunity- 9% Cap Rate Year 1
Baton Rouge Serves as Regional Spine Patient Referral Hub- Home of The Spine Hospital of Louisiana Patients Travel to Baton Rouge for Complex Spine Treatment
Significant Historical Occupancy- Spine Diagnostic & Pain Treatment Center has Been in the Market for 23+ Years
Major Employment Sector of Baton Rouge- Baton Rouge Combines a Large-Scale Health System with Academic Medicine from Louisiana State University Which Becomes a Direct Source of Providers to Local Practices
Surrounded by Synergistic Medical Tenants- Growing Area With High Demand for Medical Office Space
Growing Practice with Strong Presence and Backing by Compass Group Equity Partners- Spine Diagnostic & Pain Treatment Center Acquired by Resolve Pain Solutions in 2026
5-Year Lease Executed in May 2024- Features Attractive CPI Increase During Renewal Option
High-Yield Medical Office Investment Opportunity- 9% Cap Rate Year 1
Baton Rouge Serves as Regional Spine Patient Referral Hub- Home of The Spine Hospital of Louisiana Patients Travel to Baton Rouge for Complex Spine Treatment
Significant Historical Occupancy- Spine Diagnostic & Pain Treatment Center has Been in the Market for 23+ Years
Major Employment Sector of Baton Rouge- Baton Rouge Combines a Large-Scale Health System with Academic Medicine from Louisiana State University Which Becomes a Direct Source of Providers to Local Practices
Surrounded by Synergistic Medical Tenants- Growing Area With High Demand for Medical Office Space
Data Room Click Here to Access
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
8,000 SF
Building Class
B
Year Built
2024
Price
$470,555
Price Per SF
$58.82
Cap Rate
9%
NOI
$42,350
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,000 SF
Building FAR
0.73
Lot Size
0.25 AC
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 20041-329 | Improvements Assessment | $173,210 |
| Land Assessment | $67,260 | Total Assessment | $240,470 |
Property Taxes
Parcel Number
20041-329
Land Assessment
$67,260
Improvements Assessment
$173,210
Total Assessment
$240,470
Contacts
-
Giovanni Figueiredo -
Spencer Koch -
Christopher Biuso -
Caitlin Lancaster -
Marcus & Millichap
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Resolve Pain Solutions | 9% Cap Rate | 14169 Highway 73
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.