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| Price $8,388,225 | Built/Renov 1950/1995 | Tenant Capitol House Nursing & Rehab Center |
| Cap Rate 6.40% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
32,000
| Lease Start
03-18-2022
| #Units
1
|
| Price/SF $262.13 | Expiration
03-17-2037
| Tenant Type Medical/Health |
| NOI $536,846 | R. Term 12.2 | Ownership Fee Simple |
| Rent/SF
$16.78
| Increases 2.0%/1/yrs | Pop 5Mi 159,351 |
| Lot/AC 2.40 | Options 2/5yrs/2% | AHHI 5Mi $84,022 |
| | |
The subject property is strategically located along Florida Boulevard with clear visibility and access to more than 50,000 vehicles passing by daily. The site features a skilled nursing facility with 132 beds. Additionally, the site is near I-10 where traffic counts average 180,587 VPD, and near I-12 where traffic counts average 144,045 VPD. Several national/credit tenants surround the...
...Extensive TI’s
Build to suit
High traffic 50M+ VPD
Strategically located
Highway location
Top 100 MSA
Strong demographics
Absolute NNN
Annual rent increases
Corporate Guarantee
Capitol House Nursing & Rehabilitation Center is an assisted living facility and is part of The Carpenter Health Network in Louisiana. The single location was founded prior to 2011 in Baton Rouge,...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 12,491 | 73,040 | 156,151 |
| 2024 Total Population : | 12,782 | 73,928 | 157,916 |
| 2024 Employed Civilian Pop : | 6,720 | 38,683 | 83,832 |
| 2024 Total Businesses : | 505 | 4,736 | 11,865 |
| 2024 Average Household Income : | $ 77,128 | $ 80,809 | $ 86,882 |
| 2024 Total Consumer Spending : | $ 307 M | $ 2087 M | $ 5029 M |
| 2024 Median Age : | 36 | 37 | 37 |
| 2024 Total Households : | 4,495 | 29,112 | 65,390 |
| 2024 Pop Age 25+: Bachelor's Degree : | 1,571 | 10,969 | 25,277 |
| 2024 Average Home Value : | $ 209,990 | $ 229,902 | $ 290,385 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| US0190 | Forest Oaks Dr | 2020 | 12,841 | 0.08 mi |
| Archery Drive | Sylvan Dr | 2022 | 2,060 | 0.10 mi |
| Florida Blvd | Rosedale Dr | 2002 | 22,388 | 0.15 mi |
| Sherwood Forest Boulevard | Archery Dr | 2022 | 24,579 | 0.19 mi |
| Little John Drive | Florida Blvd | 2022 | 1,442 | 0.24 mi |
| North Sherwood Forest Drive | Pamela Dr | 2022 | 21,976 | 0.25 mi |
| Florida Blvd | Friar Tuck Dr | 2011 | 35,511 | 0.37 mi |
| Florida Boulevard | Florida Blvd | 2022 | 24,974 | 0.37 mi |
| Florida Boulevard | Florida Blvd | 2022 | 28,611 | 0.44 mi |
| Florida Blvd | S Tamari Dr | 2011 | 27,678 | 0.46 mi |
Arlington, TX
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
