United States Department Of Veteran Affairs Building

3149 Ambassador Caffery Parkway, Lafayette, LA

$17,217,000

Price

7.35%

Cap Rate

$1,265,777

NOI

Overview
Cap Rate
7.35%
NOI
$1,265,777
Building Size
35,367 sqft
Lot Area
0.53 acres
Class
A
Year Built
2016
Floors
1
Description

Jonna Group at Colliers International has been selected to exclusively represent the sale of the Veterans Affairs (VA) Clinic located in Lafayette, Louisiana. The investment is corporately guaranteed by the United States of America (Moody’s AAA/Stable Rating). The VA Clinic is operating on a fully-managed modified gross lease and has over 13.5 years remaining on their initial 20-year lease. The property was a build-to-suit with custom specifications for VA Clinic in 2016.

Lafayette | Louisiana

Highlights
  • NOI $1,265,777 | CAP 7.35%
  • HIGH VISIBILITY ON AMBASSADOR CAFFERY PARKWAY | 36,000 VPD
  • STRONG DEMOGRAPHICS WITH 134K+ POPULATION IN 5-MILE RADIUS
  • SEVERAL NATIONAL BRANDS IN CLOSE PROXIMITY: WALMART, CVS, WALGREENS, LOWE'S, THE HOME DEPOT, SAM'S CLUB, MCDONALD'S, TJ MAXX, STARBUCKS, AUTOZONE, DOLLAR GENERAL, UL HEALTH MEDICAL CENTER AND MORE
  • 150 SURFACE PARKING SPOTS
  • OUTPATIENT CLINIC FOR VETERANS
  • TENANT: UNITED STATES OF AMERICA
  • ZERO CASH FLOW
  • (TAX BENEFITS)
  • PAYDOWN READVANCE
  • ZERO CASH FLOW (TAX BENEFITS) WITH PAYDOWN READVANCE
  • CORPORATE GUARANTEE FROM USA – AAA RATING
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Listing ID: a288X000002lzpXQAQ
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