NNN MOB - 8% cap with annual increases

Office for Sale
Sale Pending
Catylist Listing ID: 30278520
Property Subtypes: Medical
Status: Pending
Building Size (RSF): 16,622 SF
Gross Land Area: 1.28 Acres
Sale Price: $2,450,000
Unit Price: $147.40 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: 8.0%
Average Occupancy Rate: 100
Last Updated: 4/16/2019

Overview / Comments

See attached offering materials for more info.

Business recently acquired by Sheridan Capital Partners

Current Tenants

Tenant Business Name Affiliated Therapy Services
Website URL http://www.atsla.com/
Industry Type Health Care and Social Assistance

Additional Details

Nearest MSA: Hammond
County: Tangipahoa
Submarket/Township: 85
Tax ID/APN: 2676621035

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,118 32,940 54,987
Median Age: 34.96 32.03 32.02
Households: 706 12,163 20,672


Photograph of Listing Agent

Scott Graf

Coldwell Banker Commercial TEC Realtors New Orleans, LA 70112
Not a member of MCAR CIE
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