request_info_guest false
Street View
Map
2 Photos

Capitol House Nursing & Rehab Center

$8,555,990

11546 Florida Boulevard, Baton Rouge, LA 70815

Active
Last Updated: 07/24/2025

6.4

Cap Rate

547,583

NOI

Details:
Cap Rate:    6.4%
NOI:    $547,583
Building Size:    32,000 sqft
Lot Area:    2.4 acres
Occupancy:    100%
Lease Type:    Triple Net
Year Built:    1950
Tenancy:    Single
Year Last Renovated:    1995
Lease Expire Year:    03/16/2037
Highlights:
  • Capitol House Nursing & Rehab Center is on a NNN Lease with 11 1/2 years remaining and 2% annual increases.
  • As a part of The Carpenter Health Network’s continuum of care, Capitol House Nursing & Rehabilitation provides specialized care according to individuals’ evolving needs. From short-term rehabilitation to long-term care, our team is available around the clock to assist with everyday needs and provides emergency support when necessary. Mid-day or midnight, our residents can rest assured that a compassionate caregiver is always nearby.
  • The Carpenter Health Network is a well-established healthcare operator with 38 locations across the south in Texas, Arkansas, Louisiana, Mississippi, Alabama, and Florida.
  • Located near Our Lady of the Lake Regional Medical Center (900 beds), 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 157,281 average household income of $91,081.
  • Nestled along the majestic Mississippi River, Baton Rouge is the capital and the second largest city of Louisiana.
  • This property is located near Interstate 12 where traffic counts average 144,045 vehicles per day.
  • Louisiana State University (LSU), a renowned research institution with over 30,000 students, is located only 6 miles away from the property.
Description:

The Capitol House Nursing & Rehab Center 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.

Map:
Documents:
Title
Capitol_House_Nursing___Rehab_Center_-_Baton_Rouge__LA_MP.pdf
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery