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NNN SouthStar Urgent Care 6.75% Cap Rate 300 Hospital Rd 3,750 SF Retail Building New Roads, LA 70760 $1,604,770 ($427.94/SF) 6.75% Cap Rate
Investment Highlights
- Approximately 10 years remain on a 15-year NNN lease, delivering reliable, passive cash flow with minimal landlord obligations.
- Modern, Low-Maintenance Asset Constructed in 2021, this 3,750 SF purposebuilt medical clinic is in excellent condition, minimizing near-term capital
- Built-In Rent Growth Annual rent escalations of 1.25% provide steady, contractually guaranteed income appreciation over the lease term.
Executive Summary
A NNN medical investment opportunity in New Roads, Louisiana. This 3,750 SF purpose-built urgent care clinic, completed in 2021, is leased long-term to SouthStar Urgent Care, a brand of Community Care Partners, one of the nation's leading urgent care operators. Strategically positioned along Hospital Road adjacent to Pointe Coupee General Hospital and surrounded by national retailers including Walmart, McDonald's, Burger King, and Taco Bell, this property benefits from exceptional visibility and healthcare corridor synergy. With approximately 10 years of lease term remaining, annual rent escalations, and a NNN structure, this offering presents investors
with stable, passive income in a growing community.
with stable, passive income in a growing community.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,750 SF
Building Class
C
Year Built
2021
Price
$1,604,770
Price Per SF
$427.94
Cap Rate
6.75%
NOI
$108,322
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.46 AC
Amenities
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
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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NNN SouthStar Urgent Care 6.75% Cap Rate | 300 Hospital Rd
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