Slidell, LA - SouthStar Urgent Care

Description:

• The tenant currently has 4+ 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 site is near the signalized, hard corner intersection of Pontchartrain Dr and Kostmayer Ave which combined average 19,600 VPD
• The asset benefits from nearby direct on/off ramp access to Interstate 10, a major thoroughfare that averages 84,300 vehicles passing by daily
• The asset has excellent visibility via significant street frontage

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Listing ID: a28TP000002CeLVYA0