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| Price $1,950,750 | Built/Renov 2005 | Tenant St. Joseph Hospice |
| Cap Rate 6.40% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
10,138
| Lease Start
03-18-2022
| #Units
15
|
| Price/SF $192.42 | Expiration
03-17-2037
| Tenant Type Medical/Health |
| NOI $124,848 | R. Term 12.2 | Ownership Fee Simple |
| Rent/SF
$12.31
| Increases 2.0%/1/yrs | Pop 5Mi 191,879 |
| Lot/AC 0.24 | Options 2/5yrs/2% | AHHI 5Mi $86,140 |
| | |
St. Joseph Hospice is strategically located on Upstream Street, near Highway 90 where traffic counts average 51,470 VPD. The site is surrounded by well-known national tenants such as McDonald's, Walgreens, Winn-Dixie, Smoothie King, and more. Additionally, St. Joseph Hospice is approximatley 7 miles from the Louis Armstrong New Orleans International Airport. The 5-mile trade area is supported...
...Build to suit
Near major nationals
Strategically located
Highway 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 : | 11,475 | 69,997 | 185,846 |
| 2024 Total Population : | 11,668 | 71,215 | 188,846 |
| 2024 Employed Civilian Pop : | 6,126 | 35,935 | 95,688 |
| 2024 Total Businesses : | 529 | 3,988 | 13,115 |
| 2024 Average Household Income : | $ 120,165 | $ 94,798 | $ 95,963 |
| 2024 Total Consumer Spending : | $ 526 M | $ 2591 M | $ 6866 M |
| 2024 Median Age : | 46 | 43 | 41 |
| 2024 Total Households : | 5,052 | 31,046 | 81,113 |
| 2024 Pop Age 25+: Bachelor's Degree : | 2,482 | 10,424 | 28,789 |
| 2024 Average Home Value : | $ 438,522 | $ 330,455 | $ 338,595 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Jefferson Hwy | Destin Ln | 2018 | 121 | 0.60 mi |
| Jefferson Hwy | Huntly Ln | 2011 | 19,120 | 0.74 mi |
| Hickory Ave | Vicknair St | 2009 | 20,279 | 0.78 mi |
| Jefferson Highway | Park Ave | 2022 | 30,577 | 0.94 mi |
| Dickory Ave | Walnut Creek Rd | 2009 | 12,567 | 1.21 mi |
| Jefferson Hwy | Imperial Woods Dr | 2008 | 20,073 | 1.31 mi |
| Jefferson Hwy | Marion Ct | 2008 | 18,149 | 1.32 mi |
| Hickory Ave | Alexis St | 2011 | 5,169 | 1.37 mi |
| River Rd | Willswood Ln | 2007 | 6,612 | 1.49 mi |
| Jefferson Highway | Oak Ave | 2022 | 22,893 | 1.49 mi |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
