Medical Net Leased Investment Offering

Office for Sale
Catylist Listing ID: 30042758
Property Subtypes: Medical
Building Size (RSF): 7,360 SF
Gross Building Area: See Agent
Sale Price: $1,625,000
Unit Price: $220.79 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/20/2018

Overview / Comments

Building
Description: An approximate 7,360 sq. ft. wood frame and masonry building built in 2006 for Fresenius Medical Care as a dialysis clinic.

Legal
Description: Lot 25-A, Square 191, Section 8, Veterans Heights Subdivision, Parish of Jefferson, City of Kenner, Louisiana

Land Area: 33,600 square feet (280’ X 120’)

Lease Synopsis: Tenant – Bio-Medical Applications, LLC a Delaware limited liability company, dba Fresenius Medical Care Kenner; Lease renewed through April 30, 2022; base rental effective 5/1/17 is $10,629.07/month, net. Tenant has three (3) remaining 5-year renewal options.

NDA: Further lease information available upon execution of non-disclosure agreement.

Sale Price: $1,625,000

Attachments & Media

Additional Details

Nearest MSA: New Orleans-Metairie
County: Jefferson
Submarket/Township: Airport-Metairie-Kenner
Tax ID/APN: Ken-24505

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,867 98,028 173,245
Median Age: 34.03 39.05 39.83
Households: 6,085 37,283 68,598

Contact

Photograph of Listing Agent

David B. Quinn, SIOR

Max J Derbes Inc New Orleans, LA 70123-3229
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