Office Medical
Coastal Urgent Care
971 Robert Blvd, Slidell, LA 70458
Listing Price: $2,300,000
Investment Overview
• Long Term Lease with Multiple Options to Renew
- 6 Years Remaining on Initial 10 Year Term with (3) 5 Year Options
• 2022 Construction Offered Below Replacement Cost
- $406 PPSF | Property Kept in Immaculate Condition
• Well Positioned with Frontage on Main Thoroughfare
- Excellent Visibility with Access at Lighted Intersection
• Strategically Located within Market
- Multiple Schools in Immediate Vicinity of Property
• Located in Highly Concentrated Medical Corridor
- Outparcel to Sterling Surgical Hospital
• Low Expiring Rent/Sf Provides Safety for Investor
- $30/SF Rental Rate at Expiration of Current Term in 2032
• Large Footprint is Adaptive for Multiple Medical Uses
- 6,161 SF Building with Covered Drop Off and Ample Parking
• Consistently Growing Population in 3,5- and 10-Mile Radius
- Population Growth Projected to continue Through 2030
• Significant Industry in Submarket and Surrounding Markets
- Home to The Greenbrier Companies, NuCore, Lockheed Martin
and more including John C. Stennis Space Center
Investment Highlights
- • Long Term Lease with Multiple Options to Renew - 6 Years Remaining on Initial 10 Year Term with (3) 5 Year Options
- • 2022 Construction Offered Below Replacement Cost - $406 PPSF | Property Kept in Immaculate Condition
- • Well Positioned with Frontage on Main Thoroughfare - Excellent Visibility with Access at Lighted Intersection
- • Strategically Located within Market - Multiple Schools in Immediate Vicinity of Property
- • Located in Highly Concentrated Medical Corridor - Outparcel to Sterling Surgical Hospital
- • Low Expiring Rent/Sf Provides Safety for Investor - $30/SF Rental Rate at Expiration of Current Term in 2032
- • Large Footprint is Adaptive for Multiple Medical Uses - 6,161 SF Building with Covered Drop Off and Ample Parking
- • Consistently Growing Population in 3,5- and 10-Mile Radius - Population Growth Projected to continue Through 2030
Exclusively Listed By
Financing By
Listing Price: $2,300,000
Investment Highlights
- • Long Term Lease with Multiple Options to Renew - 6 Years Remaining on Initial 10 Year Term with (3) 5 Year Options
- • 2022 Construction Offered Below Replacement Cost - $406 PPSF | Property Kept in Immaculate Condition
- • Well Positioned with Frontage on Main Thoroughfare - Excellent Visibility with Access at Lighted Intersection
- • Strategically Located within Market - Multiple Schools in Immediate Vicinity of Property
- • Located in Highly Concentrated Medical Corridor - Outparcel to Sterling Surgical Hospital
- • Low Expiring Rent/Sf Provides Safety for Investor - $30/SF Rental Rate at Expiration of Current Term in 2032
- • Large Footprint is Adaptive for Multiple Medical Uses - 6,161 SF Building with Covered Drop Off and Ample Parking
- • Consistently Growing Population in 3,5- and 10-Mile Radius - Population Growth Projected to continue Through 2030
Investment Overview
• Long Term Lease with Multiple Options to Renew - 6 Years Remaining on Initial 10 Year Term with (3) 5 Year Options • 2022 Construction Offered Below Replacement Cost - $406 PPSF | Property Kept in Immaculate Condition • Well Positioned with Frontage on Main Thoroughfare - Excellent Visibility with Access at Lighted Intersection • Strategically Located within Market - Multiple Schools in Immediate Vicinity of Property • Located in Highly Concentrated Medical Corridor - Outparcel to Sterling Surgical Hospital • Low Expiring Rent/Sf Provides Safety for Investor - $30/SF Rental Rate at Expiration of Current Term in 2032 • Large Footprint is Adaptive for Multiple Medical Uses - 6,161 SF Building with Covered Drop Off and Ample Parking • Consistently Growing Population in 3,5- and 10-Mile Radius - Population Growth Projected to continue Through 2030 • Significant Industry in Submarket and Surrounding Markets - Home to The Greenbrier Companies, NuCore, Lockheed Martin and more including John C. Stennis Space Center
Exclusively Listed By
Financing By