The Carpenter House | St. Joseph Hospice

10615 Jefferson Highway, Baton Rouge, LA

$6,991,488

Price

6.25%

Cap Rate

$436,968

NOI

Overview
Cap Rate
6.25%
NOI
$436,968
Building Size
16,400 sqft
Lot Area
0.57 acres
Occupancy
100%
Lease Type
Triple Net
Year Built
2008
Price Per Sqft
$426.31
Tenancy
Single
Lease Expire Year
3/17/2037
Description

The Carpenter House | St. Joseph property is in close proximity to Our Lady of the Lake Regional Medical Center, a 900 bed hospital & one of the 25 largest hospitals in the country and one of only three Level I trauma centers in Louisiana. Baton Rouge has significant presence in the medical industry in Baton Rouge, other hospitals near the property include Baton Rouge General Medical Center (600 beds), Ochsner Medical Center (760 beds), and more all receiving awards for their work.

Highlights
  • The Carpenter House | St. Joseph Hospice is on a NNN Lease with more than 12 1/2 years remaining and 2% annual increases.
  • The Carpenter House is your resource for comfort and end-of-life care and symptom management, along with respite care, to relieve primary caregivers. It is a place of peace and comfort care for those facing a life-limiting illness who need around-the-clock attention. St. Joseph Hospice Specializes in providing peace, comfort and dignity to those facing a life-limiting illness. We are confident in the abilities of our team of healthcare professionals to provide top-quality care to our patients and their families.
  • The Carpenter Health Network is a well-established healthcare operator with 38 locations across the south in Texas, Arkansas, Louisiana, Mississippi, Alabama, and Florida.
  • Strategically located by to Our Lady of the Lake Regional Medical Center (900 beds), it is one of the 25 largest hospitals in the country and one of only three Level I trauma centers in Louisiana. Other hospitals near the property include Baton Rouge General Medical Center (600 beds), Ochsner Medical Center (760 beds), and more.
  • Excellent demographics of a 5 mile population of 191,260 and 5 mile average household income of $99,364.
  • Nestled along the majestic Mississippi River, Baton Rouge is the capital and the second largest city of Louisiana.
  • The Carpenter House | St. Joseph Hospice sits close to Interstate 10 which has 180,587 vehicles per day.
  • Louisiana State University (LSU), a renowned research institution with over 30,000 students, is located only 8 miles away from the property.
Documents
Title
The_Carpenter_Health_Network_Portfolio_MP_-_R.pdf
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Location
Gallery