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2841 Meriwether Rd - South Park Animal Hospital - Shreveport, LA 2,802 SF Health Care Building Offered at $647,645 CAD at a 9% Cap Rate in Shreveport, LA 71108
Investment Highlights
- Specialized buildout, including surgical rooms, advanced plumbing systems, drainage, and electrical infrastructure, that are costly and disruptive.
- Current rent of $15 PSF sits below many medical rents in the area of $20 PSF Triple Net (NNN), providing potential upside through future rental growth
- Tenant is responsible for all expenses under a Triple Net (NNN) Lease except for roof, structure, parking lot, and HVAC replacement
- The property is positioned in the Shreveport market, where surrounding residential density supports steady consumer demand for neighborhood veterinary
- South Park Animal Hospital has operated at this location for over a decade and serves the surrounding Shreveport community
- The tenant’s investment in medical equipment and interior buildout creates high relocation costs, encouraging long-term occupancy and tenant retention
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 2,802 SF South Park Animal Hospital located at 2841 Meriwether Road in Shreveport, LA. This deal includes a well-established veterinary clinic with a long-standing operating history and a built-in tenant infrastructure that supports continued occupancy and the property features a specialized medical buildout, including surgical rooms, advanced plumbing systems, drainage, and upgraded electrical infrastructure, all of which are costly and disruptive to replicate. This high level of customization creates strong tenant retention and reduces the likelihood of relocation.
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
| Price | $647,645 CAD | Building Class | C |
| Price Per Bed | $647,645 CAD | Lot Size | 3.51 AC |
| Sale Type | Investment | Building Size | 2,802 SF |
| Cap Rate | 9% | No. Beds | 1 |
| Property Type | Health Care | No. Stories | 1 |
| Property Subtype | Hospital | Year Built | 1996 |
| Price | $647,645 CAD |
| Price Per Bed | $647,645 CAD |
| Sale Type | Investment |
| Cap Rate | 9% |
| Property Type | Health Care |
| Property Subtype | Hospital |
| Building Class | C |
| Lot Size | 3.51 AC |
| Building Size | 2,802 SF |
| No. Beds | 1 |
| No. Stories | 1 |
| Year Built | 1996 |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
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2841 Meriwether Rd - South Park Animal Hospital - Shreveport, LA
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