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Sage Rehabilitation Hospital

$10,915,271

8000 Summa Avenue, Baton Rouge, LA 70809

Active
Last Updated: 07/24/2025

7

Cap Rate

764,069

NOI

Details:
Cap Rate:    7%
NOI:    $764,069
Building Size:    27,971 sqft
Lot Area:    0.82 acres
Lease Type:    Triple Net
Year Built:    1993
Tenancy:    Single
Year Last Renovated:    2007
Lease Expire Year:    03/16/2037
Highlights:
  • SAGE Rehabilitation Hospital is on a NNN Lease with approximately 11 1/2 years remaining and 2% annual increases.
  • Sage Rehabilitation Hospital has 45 beds and offers Skilled Nursing and Inpatient Rehabilitation. The Stroke program and LSVT Parkinson’s program use innovative methods, best practices and industry-leading technology.
  • 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 next to 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 include Baton Rouge General Medical Center (600 beds), Ochsner Medical Center (760 beds), and more.
  • This SAGE Rehabilitation Hospital sits close to Interstate 10 which has 180,587 vehicles per day.
  • Excellent demographics of a 5 mile population of 198,438 and 3 mile average household income of $120,762.
  • Nestled along the majestic Mississippi River, Baton Rouge is the capital and the second largest city of Louisiana.
  • Louisiana State University (LSU), a renowned research institution with over 30,000 students, is located only 6 miles away from the property.
Description:

This SAGE Rehabilitation Hospital a 45 bed Skilled Nursing Facility is strategically located next 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. The property sits close to Interstate 10 which has 180,587 vehicles per day. Baton Rouge has significant presence in the medical industry in Baton Rouge, other hospitals include Baton Rouge General Medical Center (600 beds), Ochsner Medical Center (760 beds), and more all receiving awards for their work.

The net lease investment portfolio includes land, building, & long term lease. Business is not for sale.

Map:
Documents:
Title
SAGE_Rehabilitation_Hospital_-_Baton_Rouge__LA_MP.pdf
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Location
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