Capitol House Nursing & Rehab Center

11546 Florida Boulevard, Baton Rouge, LA

$8,589,542

Price

6.25%

Cap Rate

$536,846.40

NOI

Overview
Cap Rate
6.25%
NOI
$536,846.40
Building Size
32,000 sqft
Lot Area
2.4 acres
Occupancy
100%
Lease Type
Triple Net
Year Built
1950 / 1995
Price Per Sqft
$268.42
Tenancy
Single
Lease Expire Year
3/17/2037
Description

6 of the Carpenter Health portfolio properties are located in Baton Rouge, LA, the capital of Louisiana. These properties are located near I-10 where traffic counts average 180,587 vehicles per day and near I-12 where traffic counts average 144,045 vehicles per day.

Highlights
  • The Carpenter Health Network is a well-established healthcare operator with 38 locations across the south in Texas, Arkansas, Louisiana, Mississippi, Alabama, and Florida.
  • All properties have 12 Years, 8 Months remaining with 2% annual rent increases, NNN leases.
  • The Portfolio of eleven health care properties may be purchased individually or as a portfolio. Located in Baton Rouge, LA, Denham Springs, LA, Shreveport, LA, Lafayette, LA, and River Ridge, LA.
  • Portfolio includes Skilled Nursing Facilities (SNF), In Patient and Out Patient Rehabilitation Hospital, LTAC, In Patient Hospice, and Office Buildings.
Documents
Title
The_Carpenter_Health_Network_Portfolio_MP_-_R.pdf
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Location
Gallery