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Hulin Health | Absolute Triple Net (NNN) Lease

$1,702,750

5654 Main Street, Zachary, LA 70791

Active
Last Updated: 01/27/2021

6.75

Cap Rate

114,936

NOI

Details:
Cap Rate:    6.75%
NOI:    $114,936
Building Size:    3,003 sqft
Lot Area:    0.45 acres
Lease Type:    Absolute Net
Year Built:    2020
Price Per Sqft:    $567.01
Roof & Structure:    Tenant’s Responsibility
HVAC:    Tenant’s Responsibility
Repairs & Maintenance:    Tenant’s Responsibility
Highlights:
  • Brand New Construction of a Hulin Heath Urgent Care Located in the Baton Rouge MSA
  • New 15 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • Three (3), Five (5) Year Options to Extend and Annual Rental Increases
  • Located Directly on Main Street Off of Scotlandville-Zachary Hwy Which Sees Over 15,800 VPD
  • Population of Over 36,3400 Residents Within a 5-Mile Radius
  • The Growing Community of Zachary Topped the List in 2020 Among Louisiana Cities Highest Annual Household Income of $74,553
  • Hulin Health Offers Non-Critical, But Urgent Medical Care to Patients; It is Open 7 Days a Week and Welcomes All Ages For Treatment
  • Founded in 2011, Hulin Health is a Provider of Urgent Care Services in Louisiana – Their Signature Brand, SouthStar Urgent Care, is Known Primarily For Its Nationally Recognized, Award-Winning Customer Service
  • Essential Business – E-Commerce, Recession and COVID Proof
  • Located 5-Miles South of Baton Rouge, Zachary Provides Easy Accessibility to the Baton Rouge Metro Airport
  • Baton Rouge County is Louisiana’s Economic Engine and the Most Cost-Friendly Mid-Sized City For Business in the Country
  • Neighboring Tenants Include: Walmart Supercenter, Goodwill, Office Depot, The Home Depot, Walgreens, Winn-Dixie, USPS, Circle K, Chase Bank, Regions Bank, Raising Cane’s Chicken Fingers, Chili’s Grill & Bar, McDonald’s, Sonic Drive-In, Taco Bell and Many More
Description:

Sands Investment Group is Pleased to Exclusively Offer For Sale the 3,003 SF Hulin Health at 5654 Main Street in Zachary (Baton Rouge), Louisiana. This Deal Includes a Brand-New Construction on a 15 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, Providing For an Excellent Investment

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