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Many, LA - SouthStar Urgent Care

$1,744,000

160 San Antonio Ave, Many, LA 71449

Active
Last Updated: 02/02/2026

6.5

Cap Rate

113,337

NOI

Details:
Cap Rate:    6.5%
NOI:    $113,337
Building Size:    3,800 sqft
Lot Area:    0.67 acres
Year Built:    2019
Zoning:    Community & Central Business District
Description:

• The tenant currently has 3.5 years remaining on their initial lease with 4 (5-year) options to extend, demonstrating their commitment to the site
• The lease features annual rental increases of 1.50% throughout the initial term and options thereafter, growing NOI and hedging against inflation

• The 5-mile trade area is supported by approximately 4,655 residents, providing a consistent consumer base for neighborhood-serving retail.
• Average household incomes are solid across the trade area, ranging from
$60,624 within three miles to $64,556 within five miles, supporting service-oriented and daily-needs uses
• The area benefits from a strong employment presence, with approximately 3,707 employees within five miles, including 2,030 employees within one mile, driving reliable daytime traffic

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