Log In/Sign Up
Your email has been sent.
148 Hector Ave 6,455 SF Office Building Gretna, LA 70056 $3,282,942 CAD ($508.59 CAD/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute Net Lease – Zero Landlord Responsibilities.
- Lease Expiration September 7, 2029
- Two 5-year options to renew
- NOI $166,649.21 ($25.82 PSF)
- 1.5% annual escalations
EXECUTIVE SUMMARY
Single-tenant net leased DaVita Dialysis Facility located in Gretna, LA, a local suburb of New Orleans. The property is leased on an absolute net basis to Renal Treatment Centers Southeast, LP, one of DaVita’s largest subsidiaries.
With the absolute net lease structure, the tenant is directly responsible for the payment of taxes, insurance, utilities, and maintenance of the all portions of the premises. The facility was constructed on a build-to-suit basis for DaVita in 2005, with an expansion and renovation in 2014.
With the absolute net lease structure, the tenant is directly responsible for the payment of taxes, insurance, utilities, and maintenance of the all portions of the premises. The facility was constructed on a build-to-suit basis for DaVita in 2005, with an expansion and renovation in 2014.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
6,455 SF
Building Class
C
Year Built
2005
Price
$3,282,942 CAD
Price Per SF
$508.59 CAD
Cap Rate
7%
NOI
$229,806 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,455 SF
Slab To Slab
11’
Building FAR
0.16
Lot Size
0.94 AC
Zoning
C2 - Commercial
Parking
25 Spaces (3.87 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 0200002691 | Improvements Assessment | $417,374 CAD |
| Land Assessment | $25,356 CAD | Total Assessment | $442,729 CAD |
PROPERTY TAXES
Parcel Number
0200002691
Land Assessment
$25,356 CAD
Improvements Assessment
$417,374 CAD
Total Assessment
$442,729 CAD
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
148 Hector Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.