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Single-Tenant Office Medical

SouthStar (Hulin Health) Urgent Care and Medical Walk-In Clinic | Long Term Absolute Net Lease

9525 Mansfield Rd, Shreveport, LA 71118

Listing Price: $1,767,606

Cap Rate
7.10%
Tenant Name
SouthStar Urgent Care
Years Remaining On Lease
12.4
Gross SF
2,454
Guarantor
Corporate Guarantee
Rentable SF
2,454
Price/Gross SF
$720.30
Lease Type
Double Net
Rent Per Square Feet
$51.14

Investment Overview

Shreveport is a city in the U.S. state of Louisiana. It is the most populous city in the Shreveport–Bossier City metropolitan area, and ranks third in population in Louisiana after Baton Rouge and New Orleans. Shreveport is the educational, commercial and cultural center of the Ark-La-Tex region, where Arkansas, Louisiana, and Texas meet. It is the location of Centenary College of Louisiana, Louisiana State University Shreveport, Louisiana Tech University Shreveport, Southern University at Shreveport, and Louisiana Baptist University. Its neighboring city Bossier City is the location of Bossier Parish Community College. The city forms part of the I-20 Cyber Corridor linking Shreveport and Bossier City, Ruston, Grambling, and Monroe to Dallas and Tyler, Texas, and Atlanta, Georgia. Companies with significant operations or headquarters in Shreveport are Regions Financial Corporation, JPMorgan Chase, Sam’s Town Hotel and Gambling Hall, AT&T Mobility, United Parcel Service, Walmart, Chick-fil-A, Waffle House, SWEPCO, General Electric, UOP LLC, Calumet Specialty Products Partners, and APS Payroll.

Investment Highlights

  • Long Term Lease Featuring Favorable Annual Rental Increases throughout the Initial Term and CPI Annual Adjustments at Each Option. 2021 Renovation.
  • Hulin Health (SouthStar's Parent Company) Recently Partnered with Shore Capital, a Private Equity Company with more than $1Billion of Equity Capital under Management.
  • Robust Industry – Urgent Care Operators are taking Advantage of the Growing Millennial Market as well as the Shift in Patient Desire for Convenient and Easily Accessible Care.
  • In Close Proximity to Willis-Knighton South and the Center for Women's Health - The Medical Center provides Critical, Emergency, General Medical Care and a Wide Array of other Specialized Services.
  • Positioned Along Area's Traffic & Retail Corridor - Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 28k Vehicles.
  • Bedroom Community of Shreveport–Bossier City. Densely Populated Area: Features more than 206k People Residing within a 7-Mile Radius.
  • Across from a Walmart Supercenter and Near Numerous other National Retailers Including Kroger, Walgreens, Lowe's, CVS Pharmacy, Tractor Supply and many more.
  • Minutes from Shreveport Regional Airport - A Primary Commercial Service Airport serving more than 683k Passengers and 37k+ Aircraft Operations Annually.

Exclusively Listed By

Single-Tenant Office Medical

SouthStar (Hulin Health) Urgent Care and Medical Walk-In Clinic | Long Term Absolute Net Lease

Listing Price: $1,767,606

Cap Rate
7.10%
Tenant Name
SouthStar Urgent Care
Years Remaining On Lease
12.4
Gross SF
2,454
Guarantor
Corporate Guarantee
Rentable SF
2,454
Price/Gross SF
$720.30
Lease Type
Double Net
Rent Per Square Feet
$51.14

Investment Highlights

  • Long Term Lease Featuring Favorable Annual Rental Increases throughout the Initial Term and CPI Annual Adjustments at Each Option. 2021 Renovation.
  • Hulin Health (SouthStar's Parent Company) Recently Partnered with Shore Capital, a Private Equity Company with more than $1Billion of Equity Capital under Management.
  • Robust Industry – Urgent Care Operators are taking Advantage of the Growing Millennial Market as well as the Shift in Patient Desire for Convenient and Easily Accessible Care.
  • In Close Proximity to Willis-Knighton South and the Center for Women's Health - The Medical Center provides Critical, Emergency, General Medical Care and a Wide Array of other Specialized Services.
  • Positioned Along Area's Traffic & Retail Corridor - Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 28k Vehicles.
  • Bedroom Community of Shreveport–Bossier City. Densely Populated Area: Features more than 206k People Residing within a 7-Mile Radius.
  • Across from a Walmart Supercenter and Near Numerous other National Retailers Including Kroger, Walgreens, Lowe's, CVS Pharmacy, Tractor Supply and many more.
  • Minutes from Shreveport Regional Airport - A Primary Commercial Service Airport serving more than 683k Passengers and 37k+ Aircraft Operations Annually.

Investment Overview

Shreveport is a city in the U.S. state of Louisiana. It is the most populous city in the Shreveport–Bossier City metropolitan area, and ranks third in population in Louisiana after Baton Rouge and New Orleans. Shreveport is the educational, commercial and cultural center of the Ark-La-Tex region, where Arkansas, Louisiana, and Texas meet. It is the location of Centenary College of Louisiana, Louisiana State University Shreveport, Louisiana Tech University Shreveport, Southern University at Shreveport, and Louisiana Baptist University. Its neighboring city Bossier City is the location of Bossier Parish Community College. The city forms part of the I-20 Cyber Corridor linking Shreveport and Bossier City, Ruston, Grambling, and Monroe to Dallas and Tyler, Texas, and Atlanta, Georgia. Companies with significant operations or headquarters in Shreveport are Regions Financial Corporation, JPMorgan Chase, Sam’s Town Hotel and Gambling Hall, AT&T Mobility, United Parcel Service, Walmart, Chick-fil-A, Waffle House, SWEPCO, General Electric, UOP LLC, Calumet Specialty Products Partners, and APS Payroll.

Exclusively Listed By

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