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971 Robert Blvd
Slidell, LA 70458
Coastal Urgent Care · Office Property For Sale
Investment Highlights
- • Long Term Lease with Multiple Options to Renew - 6 Years Remaining on Initial 10 Year Term with (3) 5 Year Options
- • Well Positioned with Frontage on Main Thoroughfare - Excellent Visibility with Access at Lighted Intersection
- • Located in Highly Concentrated Medical Corridor - Outparcel to Sterling Surgical Hospital
- • 2022 Construction Offered Below Replacement Cost - $406 PPSF | Property Kept in Immaculate Condition
- • Strategically Located within Market - Multiple Schools in Immediate Vicinity of Property
- • Low Expiring Rent/Sf Provides Safety for Investor - $30/SF Rental Rate at Expiration of Current Term in 2032
Executive Summary
• Long Term Lease with Multiple Options to Renew
- 6 Years Remaining on Initial 10 Year Term with (3) 5 Year Options
• 2022 Construction Offered Below Replacement Cost
- $406 PPSF | Property Kept in Immaculate Condition
• Well Positioned with Frontage on Main Thoroughfare
- Excellent Visibility with Access at Lighted Intersection
• Strategically Located within Market
- Multiple Schools in Immediate Vicinity of Property
• Located in Highly Concentrated Medical Corridor
- Outparcel to Sterling Surgical Hospital
• Low Expiring Rent/Sf Provides Safety for Investor
- $30/SF Rental Rate at Expiration of Current Term in 2032
• Large Footprint is Adaptive for Multiple Medical Uses
- 6,161 SF Building with Covered Drop Off and Ample Parking
• Consistently Growing Population in 3,5- and 10-Mile Radius
- Population Growth Projected to continue Through 2030
• Significant Industry in Submarket and Surrounding Markets
- Home to The Greenbrier Companies, NuCore, Lockheed Martin
and more including John C. Stennis Space Center
- 6 Years Remaining on Initial 10 Year Term with (3) 5 Year Options
• 2022 Construction Offered Below Replacement Cost
- $406 PPSF | Property Kept in Immaculate Condition
• Well Positioned with Frontage on Main Thoroughfare
- Excellent Visibility with Access at Lighted Intersection
• Strategically Located within Market
- Multiple Schools in Immediate Vicinity of Property
• Located in Highly Concentrated Medical Corridor
- Outparcel to Sterling Surgical Hospital
• Low Expiring Rent/Sf Provides Safety for Investor
- $30/SF Rental Rate at Expiration of Current Term in 2032
• Large Footprint is Adaptive for Multiple Medical Uses
- 6,161 SF Building with Covered Drop Off and Ample Parking
• Consistently Growing Population in 3,5- and 10-Mile Radius
- Population Growth Projected to continue Through 2030
• Significant Industry in Submarket and Surrounding Markets
- Home to The Greenbrier Companies, NuCore, Lockheed Martin
and more including John C. Stennis Space Center
Property Facts
Sale Type
Investment
Property Type
Building Size
6,161 SF
Year Built
2022
Price
$3,402,925 CAD
Price Per SF
$552.33 CAD
Cap Rate
7.39%
NOI
$251,585 CAD
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
6,161 SF
Building FAR
0.09
Lot Size
1.50 AC
Property Taxes
| Parcel Number | 86174 | Improvements Assessment | $152,716 CAD |
| Land Assessment | $0 CAD | Total Assessment | $152,716 CAD |
Property Taxes
Parcel Number
86174
Land Assessment
$0 CAD
Improvements Assessment
$152,716 CAD
Total Assessment
$152,716 CAD
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