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| Price $3,511,350 | Built/Renov 1965/2000 | Tenant SAGE Outpatient Services |
| Cap Rate 6.40% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
10,043
| Lease Start
03-18-2022
| #Units
3
|
| Price/SF $349.63 | Expiration
03-17-2037
| Tenant Type Medical/Health |
| NOI $224,726 | R. Term 12.2 | Ownership Fee Simple |
| Rent/SF
$22.38
| Increases 2.0%/1/yrs | Pop 5Mi 194,272 |
| Lot/AC 1.50 | Options 2/5yrs/2% | AHHI 5Mi $95,730 |
| | |
Sage Rehabilitation Hospital and Outpatient Services is a state-of-the-art outpatient facility. The 10,000-square-foot clinic will allow Sage space to treat more patients in the Baton Rouge community and includes a 3,000-square-foot therapy gymnasium with indoor walking track, offices for occupational and physical therapy, clinic rooms and patient treatment rooms, exterior walking track and...
...Extensive TI’s
Build to suit
High traffic 50M+ VPD
Strategically located
Freeway close
Top 100 MSA
Strong demographics
Absolute NNN
Annual rent increases
Corporate Guarantee
SAGE Rehabilitation Hospital (Sage Rehab) and SAGE Outpatient Services are partnered providers of comprehensive rehabilitation programs and part of The Carpenter Health Network in Louisiana....
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 6,591 | 66,309 | 190,692 |
| 2024 Total Population : | 6,747 | 67,378 | 191,649 |
| 2024 Employed Civilian Pop : | 3,656 | 37,684 | 105,304 |
| 2024 Total Businesses : | 1,211 | 7,714 | 14,742 |
| 2024 Average Household Income : | $ 76,958 | $ 110,405 | $ 96,859 |
| 2024 Total Consumer Spending : | $ 241 M | $ 3044 M | $ 7202 M |
| 2024 Median Age : | 39 | 39 | 35 |
| 2024 Total Households : | 3,535 | 31,506 | 84,366 |
| 2024 Pop Age 25+: Bachelor's Degree : | 1,177 | 15,869 | 37,736 |
| 2024 Average Home Value : | $ 311,012 | $ 416,258 | $ 382,174 |
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Cap Rate 6.15%
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Cap Rate 6.50%
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Cap Rate 5.95%
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Cap Rate 6.35%
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Cap Rate 5.85%
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R. Term 8.10 yrs
Size/SF 4,328
Tucson, AZ
Cap Rate 6.75%
Lease Double NN
R. Term 10.00 yrs
Size/SF 13,084
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Cap Rate 5.90%
Lease Abs NNN
R. Term 3.10 yrs
Size/SF 9,369
Chicago, IL
Cap Rate 7.00%
Lease Double NN
R. Term 7.50 yrs
Size/SF 7,907
Montclair, NJ
Cap Rate 6.18%
Lease Abs NNN
R. Term 3.11 yrs
Size/SF 8,400
Washington, MO
Cap Rate 6.65%
Lease NN+
R. Term 13.70 yrs
Size/SF 5,000
Champaign, IL
Cap Rate 6.75%
Lease Double NN
R. Term 9.10 yrs
Size/SF 15,486
Baltimore, MD
Cap Rate 7.00%
Lease Abs NNN
R. Term 4.11 yrs
Size/SF 9,028
Tomball, TX
Cap Rate 5.50%
Lease Abs NNN
R. Term 9.00 yrs
Size/SF 10,190
O'Fallon, MO
Cap Rate 6.50%
Lease NN+
R. Term 12.00 yrs
Size/SF 5,025
Lake Mary, FL
Cap Rate 7.20%
Lease Abs NNN
R. Term 7.80 yrs
Size/SF 3,335
Saint Charles, MO
Cap Rate 6.50%
Lease NN+
R. Term 14.20 yrs
Size/SF 4,217
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
