Single-Tenant Office Medical
SouthStar Urgent Care | Absolute NNN | 2021 Build-to-Suit
5654 Main St, Zachary, LA 70791
Listing Price: $1,800,000
Cap Rate
6.79%
Tenant Name
SouthStar Urgent Care
Years Remaining On Lease
10.4
Guarantor
Corporate Guarantee
Rentable SF
3,003
Lease Type
Absolute Net
Rent Per Square Feet
$40.73
Investment Overview
Absolute NNN Single Tenant Medical
SouthStar Urgent Care | Absolute NNN | 2021 Build-to-Suit
Investment Highlights
- • Absolute NNN Lease - Tenant Responsible for All Property Expenses
- • 1.25% Annual Rental Increases Throughout Base Term & Options - Provides Landlord Automatic Appreciation & Growing Cashflow
- • Corporate Guarantee by Hulin Holdco, LLC - 28 Urgent Cares Throughout Louisiana
- • 2021 Build-to-Suit Construction for SouthStar - Facility Outfitted to Meet Specific Tenant Needs
- • Frontage and Visibility on Main Thoroughfare (25,300+ VPD) - Across the Street from Major Retailers Including Walmart Supercenter
- • Ideally Positioned with Excellent Access from HWY-19 - Connects Baton Rouge to Zachary
- • Healthy Demographics within 10-Miles - 100,000+ Population with Projected Growth Through 2029
Single-Tenant Office Medical
SouthStar Urgent Care | Absolute NNN | 2021 Build-to-Suit
Listing Price: $1,800,000
Cap Rate
6.79%
Tenant Name
SouthStar Urgent Care
Years Remaining On Lease
10.4
Guarantor
Corporate Guarantee
Rentable SF
3,003
Lease Type
Absolute Net
Rent Per Square Feet
$40.73
Investment Highlights
- • Absolute NNN Lease - Tenant Responsible for All Property Expenses
- • 1.25% Annual Rental Increases Throughout Base Term & Options - Provides Landlord Automatic Appreciation & Growing Cashflow
- • Corporate Guarantee by Hulin Holdco, LLC - 28 Urgent Cares Throughout Louisiana
- • 2021 Build-to-Suit Construction for SouthStar - Facility Outfitted to Meet Specific Tenant Needs
- • Frontage and Visibility on Main Thoroughfare (25,300+ VPD) - Across the Street from Major Retailers Including Walmart Supercenter
- • Ideally Positioned with Excellent Access from HWY-19 - Connects Baton Rouge to Zachary
- • Healthy Demographics within 10-Miles - 100,000+ Population with Projected Growth Through 2029
Investment Overview
Absolute NNN Single Tenant Medical
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