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SouthStar Urgent Care - Eunice, LA 1970 W Laurel Ave 3,750 SF Retail Building Eunice, LA 70535 $1,708,875 CAD ($455.70 CAD/SF) 8.73% Cap Rate
Investment Highlights
- Rare opportunity to acquire a purpose-built SouthStar Urgent Care facility in Eunice, LA, featuring 20-years of renewal options.
- SouthStar Urgent Care is a leading regional operator with 28 locations across Louisiana.
- The Eunice trade area demonstrates proven local demand for medical services, with total healthcare spending within a 5-mile radius surpassing $6.6M
- The subject property is a well-maintained, Class B medical office facility, purpose-built to suit SouthStar Urgent Care's operational needs.
- The lease is backed by Shore Capital Partners, a Chicago-based private equity firm, providing strong institutional credit support.
- The Eunice market benefits from a steadily growing population base, with consistent year-over-year growth since 2020.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 3,750 SF SouthStar Urgent Care located at 1970 W Laurel Avenue in Eunice, LA. This offering presents a rare opportunity to acquire a purpose-built urgent care facility leased to a strong regional operator, featuring 20 years of renewal options and built-in annual rent escalations. The long-term lease structure provides investors with a stable, predictable income stream, making it an attractive and secure healthcare investment opportunity.
In Cooperation With Sands Investment Group Louisiana, LLC - Lic. #BROK.0995702111-CORP BoR: Andrew Ackerman - Lic. LA #BROK.0995700567-ACT
In Cooperation With Sands Investment Group Louisiana, LLC - Lic. #BROK.0995702111-CORP BoR: Andrew Ackerman - Lic. LA #BROK.0995700567-ACT
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,750 SF
Building Class
B
Year Built
2018
Price
$1,708,875 CAD
Price Per SF
$455.70 CAD
Cap Rate
8.73%
NOI
$149,268 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.76 AC
Zoning
Retail
Parking
33 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- SouthStar Urgent Care
- Health Care and Social Assistance
- 3,750 SF
- $39.22 CAD
- Triple Net
- Dec 2027
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| SouthStar Urgent Care | Health Care and Social Assistance | 3,750 SF | $39.22 CAD | Triple Net | Dec 2027 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0600154005A | Improvements Assessment | $127,361 CAD |
| Land Assessment | $15,418 CAD | Total Assessment | $142,780 CAD |
Property Taxes
Parcel Number
0600154005A
Land Assessment
$15,418 CAD
Improvements Assessment
$127,361 CAD
Total Assessment
$142,780 CAD
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SouthStar Urgent Care - Eunice, LA | 1970 W Laurel Ave
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