Northshore Eye Associates 17170 I-12 Service rd 17,665 SF 100% Leased Office Building Ponchatoula, LA 70454 $10,169,801 CAD ($575.70 CAD/SF) 8% Cap Rate

Zeustra is proud to present an unparalleled investment opportunity in a best-in-class ophthalmology and ambulatory surgery center campus totaling 17,665?SF, fully NNN-leased to the highly regarded Northshore Eye Associates and Northshore ASC. Purpose-built in 2010 with specialized medical infrastructure—including two operating rooms, an on-site optical lab, and a six-bed recovery suite—this asset is designed for clinical efficiency and patient comfort. With a secure 7-year lease commenced July 1, 2023 (five years remaining) and built-in 2.5% annual rent escalators, investors will benefit from a predictable, inflation-protected income stream. The tenant’s mission-critical use and triple-net lease structure shift all operating expenses to the tenant, delivering true hands-off ownership and institutional-quality cash flow.
Strategically located on the high-growth I-12 corridor between Baton Rouge and New Orleans—just one mile from the 330-bed North Oaks Medical Center—this campus captures a robust referral network and a regional population exceeding 250,000. Hammond’s MSA continues to expand, fueled by healthcare, education, and logistics sectors, and faces limited supply of specialized outpatient surgical space. This turnkey property offers discerning investors a rare combination of market resilience, demographic momentum, and best-in-class tenancy—positioning it as a cornerstone holding for any healthcare-focused portfolio.