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| Price $6,827,625 | Built/Renov 2008 | Tenant The Carpenter House | St. Joseph Hospice |
| Cap Rate 6.40% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
16,400
| Lease Start
03-18-2022
| #Units
5
|
| Price/SF $416.32 | Expiration
03-17-2037
| Tenant Type Medical/Health |
| NOI $436,968 | R. Term 12.3 | Ownership Fee Simple |
| Rent/SF
$26.64
| Increases 2.0%/1/yrs | Pop 5Mi 191,260 |
| Lot/AC 0.57 | Options 2/5yrs/2% | AHHI 5Mi $99,364 |
| | |
The Carpenter House | St. Joseph Hospice is strategically located on Jefferson Highway, with access to 16,868 vehicles. The surrounding area features well-known national tenants including Office Depot, PetSmart, Target, CVS Pharmacy, Lowe's, and more. The 5-mile trade area is supported by a population of 191,260 residents with an average household income of $99,364. Baton Rouge is the capital...
...Build to suit
Dense retail corridor
Strategically located
Freeway close
Top 100 MSA
Strong demographics
Absolute NNN
Long 10+ yr lease
Annual rent increases
Corporate Guarantee
St Joseph Hospice, along with The Carpenter House of St Joseph Hospice, operates free-standing inpatient hospice facilities across the southern United States. This division of The Carpenter Health...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 11,414 | 72,885 | 187,844 |
| 2024 Total Population : | 11,514 | 73,779 | 190,144 |
| 2024 Employed Civilian Pop : | 7,171 | 41,701 | 103,518 |
| 2024 Total Businesses : | 1,552 | 8,287 | 15,666 |
| 2024 Average Household Income : | $ 93,150 | $ 98,052 | $ 99,622 |
| 2024 Total Consumer Spending : | $ 447 M | $ 2875 M | $ 7170 M |
| 2024 Median Age : | 37 | 38 | 38 |
| 2024 Total Households : | 5,369 | 33,257 | 81,864 |
| 2024 Pop Age 25+: Bachelor's Degree : | 2,670 | 15,915 | 36,705 |
| 2024 Average Home Value : | $ 305,161 | $ 320,872 | $ 344,643 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Jefferson Highway | Cal Rd | 2022 | 11,516 | 0.10 mi |
| Arnold Lane | Jefferson Hwy | 2022 | 2,529 | 0.15 mi |
| Jefferson Hwy | Arnold Ln | 2011 | 16,686 | 0.20 mi |
| Airline Highway Service Road | Jefferson Hwy | 2022 | 4,628 | 0.21 mi |
| Airline Highway | Arnold Ln | 2022 | 37,946 | 0.32 mi |
| Airline Hwy | Cedarcrest Blvd | 2011 | 43,951 | 0.44 mi |
| Sherwood Common Boulevard | Airline Hwy Svc Rd | 2020 | 8,634 | 0.49 mi |
| Cedarcrest Avenue | Coursey Blvd | 2022 | 5,680 | 0.50 mi |
| Floynell Drive | Oliphant Rd | 2022 | 2,263 | 0.56 mi |
| Coursey Blvd | 2022 | 27,078 | 0.60 mi |
Sutton, MA
Cap Rate 6.00%
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
