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SouthStar Urgent Care for Sale 300 Hospital Rd 3,750 SF Retail Building New Roads, LA 70760 $1,627,000 ($433.87/SF)
Executive Summary
A prime commercial opportunity in the heart of New Roads, LA: 3,750 square foot retail/medical clinic building, completed in 2021. This modern space is ideally positioned to capture the attention of both locals and visitors, offering a great investment for retail entrepreneurs. Boasting a prime location in the New Roads area, this building presents a dynamic retail presence in a thriving community. With its contemporary construction and strategic placement, this property is poised to fulfill the vision of your next commercial real estate venture.
Strong Tenant Covenant – SouthStar Urgent Care (originally under Hulin Health) has been part of Community Care Partners, a large urgent care operator.
Secure Long-Term Income – Approximately 11 years remain on a 15-year lease, offering reliable and stable cash flow for the long term.
Built-In Rent Growth – Annual rent escalations of 1.25% provide steady, predictable income appreciation.
Modern, Low-Maintenance Facility – Constructed in 2021, the 3,750 SF building’s newer condition minimizes near-term capital expenditure needs.
Strong Tenant Covenant – SouthStar Urgent Care (originally under Hulin Health) has been part of Community Care Partners, a large urgent care operator.
Secure Long-Term Income – Approximately 11 years remain on a 15-year lease, offering reliable and stable cash flow for the long term.
Built-In Rent Growth – Annual rent escalations of 1.25% provide steady, predictable income appreciation.
Modern, Low-Maintenance Facility – Constructed in 2021, the 3,750 SF building’s newer condition minimizes near-term capital expenditure needs.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,750 SF
Building Class
C
Year Built
2021
Price
$1,627,000
Price Per SF
$433.87
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.46 AC
Amenities
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 00672580 | Improvements Assessment | $5,000 |
| Land Assessment | $8,000 | Total Assessment | $13,000 |
Property Taxes
Parcel Number
00672580
Land Assessment
$8,000
Improvements Assessment
$5,000
Total Assessment
$13,000
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SouthStar Urgent Care for Sale | 300 Hospital Rd
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