UnitedHealth Group

$1,512,500

1215 North Broad Street, New Orleans, LA 70119

For Sale

Retail Free Standing

Active

Last Updated: 03/31/2021

Details:

Cap Rate: 7%

NOI: $105,875

Building Size: 6,975 sqft

Lot Area: 0.24 acres

Occupancy: 100%

Lease Type: Double Net

Year Built: 2019

Price Per Sqft: $216.85

Tenancy: Single

Gross Leaseable Area: 6,975

Offered by

Tim Giambrone

Senior Managing Director Investments

M&M Atlanta

#License: GA 265556

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Highlights:

S&P Credit Rating: A- | Investment Grade
Corporate Guarantee
Lease Backed by UnitedHealth Group
Brand New, 7 Year Lease
350,000+ 5-Mi Population
$73,000+ 5-Mi Average HH Income
43,000+ Cars/Day
Brand New Roof w/ 10 Year Warranty

Description:

S&P Credit Rating: A-| Investment Grade
Corporate Guarantee
Lease Backed by UnitedHealth Group
Brand New, 7 Year Lease
350,000+ 5-Mi Population
$73,000+ 5-Mi Average HH Income
43,000+ Cars/Day
Brand New Roof w/ 10 Year Warranty

Location

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