Minden, LA - SouthStar Urgent Care

Description:

• The tenant currently has 5.5 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 site is located near Minden Shopping Center, a Walmart Supercenter–anchored retail center featuring additional national and credit tenants such as Cato, Dollar Tree, Hibbett, and others
• The property is centrally located within a primary retail corridor surrounded by nearby national and credit tenants including bealls, Tractor Supply, O’Reilly Auto Parts, Take 5 Oil Change, Taco Bell, Ace Hardware, Popeyes, and others
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site

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Listing ID: a28TP000002CYKvYAO