Sage Specialty Hospital
$5,461,905
8375 Florida Boulevard, Denham Springs, LA 70726
For Sale
Retail
Free Standing
Active
Last Updated: 07/24/2025
6.4
Cap Rate
5,461,905
NOI
Details:
Cap Rate: 6.4%
NOI: $5,461,905
Building Size: 36,287 sqft
Lot Area: 486,287 sqft
Lease Type: Triple Net
Year Built: 1965
Tenancy: Single
Year Last Renovated: 2020
Lease Expire Year: 03/16/2037
Highlights:
- Sage Specialty Hospital is on a NNN lease with 11 Years, 9 Months remaining and 2% annual rent increases.
- Sage Specialty Hospital (LTAC) offers patients with complex medical conditions the continued intensive medical care they need when discharged from a traditional acute care hospital but need additional time to recover before the can go home or be admitted to a rehabilitation hospital or skilled nursing facility. Interventions for medically complex patients include ventilator/respiratory care, complex would care, long-term IV therapies, and trauma care with the goal of the patient returning to their highest level of functioning.
- The Carpenter Health Network is a well-established healthcare operator with 38 locations across the south in Texas, Arkansas, Louisiana, Mississippi, Alabama, and Florida.
- Sage Specialty Hospital is located near Highway 190 where traffic counts average 74,022 vehicles per day. Denham Springs is a city located 15 miles east of downtown Baton Rouge.
- 5-mile average household income of $93,075 and population of 72,747.
- Located approximately 6 miles from Our Lady of the Lake Regional Medical Center with 900+ beds.
- Denham Springs offers a unique blend of history, charm, and cultural attractions and is known for its friendly and welcoming atmosphere.
Description:
Sage Specialty Hospital is located in Denham Springs, Louisiana, a city located 15 miles east of downtown Baton Rouge. This property is located near Highway 190 where traffic counts average 74,022 vehicles per day. Nearby tenants include Michaels, TJMaxx, ULTA, Ross, Five Below, Crumbl, Starbucks, Hobby Lobby, Walmart, Rouse’s Market and more. This property is located approximately 7 miles from Lady of the Lake Regional Medical Center with 900+ Beds.
Documents:
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Sage_Specialty_Hospital_-_Denham_Springs__LA_MP.pdf
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