Single Tenant Net Lease Medical Office Building 1105978

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views count 64 Views
Listing was updated on: 11/06/2022
Price: 2155000.00
location icon 10235 Jefferson Hwy, Baton Rouge, LA 70809, USA
Office for Sale
SqFt: Inquire
from October 21, 2022
Description

Location-SaleELIFIN® is pleased to exclusively offer for sale this single tenant net leased dental clinic in one of the Capital City’s most desired corridors. Building 5 at Metro Office Park, completed in 2021, presents the opportunity for an investor to acquire a solid, “hands off” income stream and some of the best real estate in the MSA. The in-place, long-term net lease is backed by a credit-worthy, experienced operator who occupies 100% of the building.

This first-class facility is located in the center of the largest County (Parish) in the State and is surrounded by popular residential districts, a great source of customers for the tenant’s business. With prime frontage on Jefferson Highway just off Airline Highway and situated between Interstates 10 & 12, this investment is securely positioned–along with Costco, Floor & Décor, and others–in one of the city’s busiest areas.

The Smile Spa, operated by experienced provider Dr. Aimee Russo-Mounger, brings dental and cosmetic treatments to an upscale spa-like atmosphere. Dr. Russo has an established presence having served Baton Rouge and the surrounding area for over 20 years and continues to bring innovation to the practice. In addition to general, cosmetic, and restorative dentistry, The Smile Spa is also a top provider of Invisalign, laser dentistry, and other state of the art offerings.

***To access additional information including lease term, lease structure, tenant responsibilities, and cap rate, please click the "Documents" tab and open the “Offering Memorandum." From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.***

Additional parameters

The information above is from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.