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Resolve Pain Solutions | 9% Cap Rate 467 Oak Plaza blvd 2,500 SF Office Building Brusly, LA 70719 $486,000 ($194.40/SF) 9% Cap Rate
Investment Highlights
- Triple Net Lease Structure - Allows for Passive Ownership
- 5-Year Lease Executed May 2024- Features Attractive CPI Increase During Renewal Option
- Significant Historical Occupancy- Spine Diagnostic & Pain Treatment Center has Been in the Market for 23+ Years
- Growing Practice with Strong Presence and Backing by Compass Group Equity Partners- Spine Diagnostic & Pain Treatment Center Acquired by Resolve Pain
- Baton Rouge Serves as Regional Spine Patient Referral Hub-Home of The Spine Hospital of Louisiana
- Major Employment Sector of Baton Rouge Baton
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- Compass Group Equity Partners has $800+ million in AUM
5-Year Lease Executed 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
Patients Travel to Baton Rouge for Complex Spine and Neurological 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 Newer Developments
- Projected Population Growth Driving Tenants to the Surrounding Area
- 8.5 Miles From Louisiana State University Campus
Growing Practice with Strong Presence and Backing by Compass Group Equity Partners- Spine Diagnostic & Pain Treatment Center Acquired by Resolve Pain Solutions in 2026- Compass Group Equity Partners has $800+ million in AUM
5-Year Lease Executed 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
Patients Travel to Baton Rouge for Complex Spine and Neurological 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 Newer Developments
- Projected Population Growth Driving Tenants to the Surrounding Area
- 8.5 Miles From Louisiana State University Campus
Data Room Click Here to Access
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
2,500 SF
Building Class
B
Year Built
2012
Price
$486,000
Price Per SF
$194.40
Cap Rate
9%
NOI
$43,750
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,500 SF
Building FAR
0.09
Lot Size
0.63 AC
Parking
5 Spaces (2 Spaces per 1,000 SF Leased)
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Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 020260003000 | Improvements Assessment | $37,020 |
| Land Assessment | $1,400 | Total Assessment | $38,420 |
Property Taxes
Parcel Number
020260003000
Land Assessment
$1,400
Improvements Assessment
$37,020
Total Assessment
$38,420
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