8000 Summa Ave - Health Care FOR SALE


Baton Rouge, LA 70809- Airline/Jefferson
$11,704,500 USD
612-332-6600
8000 Summa Ave, Baton Rouge, LA for Sale
$11,704,500 USD
Health Care - FOR SALE
1/1
null | 6.4% Cap Rate

8000 Summa Ave
Baton Rouge, LA 70809
Airline/Jefferson


HIGHLIGHTS

  • SAGE Rehabilitation Hospital is on a NNN Lease with 12+ years remaining and 2% annual increases.
  • Sage Rehabilitation Hospital has 45 beds and offers Skilled Nursing and Inpatient Rehabilitation.
  • The Carpenter Health Network is a well-established healthcare operator with 38 locations across the south in TX, AR, LA, MS, AL, & FL.
  • Strategically located next to Our Lady of the Lake Regional Medical Center (900 beds), one of the 25 largest hospitals in the country.
  • This SAGE Rehabilitation Hospital sits close to Interstate 10 which has 180,587 vehicles per day.
  • Excellent demographics of a 5 mile population of 191,649 and 3 mile average household income of $110,405.

OVERVIEW

License Type: Skilled Nursing Facility (SNF), Rehabilitation Hospital, Outpatients Wound Care Capacity: 45 Beds The net lease investment portfolio includes land, building, and long term lease. The business is not for sale.

FOR SALE DETAILS

PRICE

$11,704,500 USD

PRICE/SF

$418 USD /SF

CAP RATE

6.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SAGE Rehabilitation Hospital

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

Commercial

APN/PARCEL ID

01728040,03248232,03248240

ASK ABOUT THIS PROPERTY

Keith SturmUpland Real Estate Group, Inc.More Info
612-332-6600

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Keith SturmUpland Real Estate Group, Inc.More Info
612-332-6600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.