South Star Urgent Care 1902 Highway 165 3,750 SF Retail Building Oakdale, LA 71463 $1,669,000 ($445.07/SF) 6.50% Cap Rate

AiCRE Partners, as exclusive investment sales advisor to Seller, is pleased to present the opportunity to acquire the fee simple interest in SouthStar Urgent Care, a 3,750-square-foot single-tenant urgent care facility built in 2019 and situated on a 1.24-acre outparcel to Walmart Supercenter in Oakdale, Louisiana.
The property benefits from excellent visibility and direct access along U.S. Route 165 (approximately 14,600 vehicles per day), providing strong exposure within a dominant retail corridor. The asset is 100% leased to SouthStar Urgent Care, a leading Louisiana-based provider, under an 11-year NNN lease with approximately four years remaining and four (5-year) renewal options; while Tenant is responsible for maintenance, Landlord is responsible for replacement of major capital items (roof, structure, and parking lot), with costs amortized and reimbursed by Tenant at WSJ Prime +2%, offering investors predictable cash flow with limited management responsibilities.
The property is strategically positioned within a well-established retail trade area anchored by Walmart and supported by numerous national retailers including Tractor Supply Company, Murphy USA, O’Reilly Auto Parts, Circle K, Popeyes, Family Dollar, McDonald’s, AutoZone, and Dollar General. Additionally, the surplus land on the 1.24-acre parcel provides a compelling value-add opportunity, allowing for a potential lot split and development of an additional retail pad to introduce a second income-producing tenant and enhance overall asset value. SouthStar Urgent Care, founded in 2011 and headquartered in Lafayette, operates a growing network of walk-in clinics across Louisiana, delivering outpatient medical services including treatment for minor illnesses and injuries, diagnostic testing, physicals, and occupational medicine, and is backed by private equity firm Shore Capital Partners, which has supported its continued regional expansion.