St. Joseph Hospice
$6,964,178
10615 Jefferson Highway, Baton Rouge, LA 70809
For Sale
Retail
Free Standing
Active
Last Updated: 07/24/2025
6.4
Cap Rate
445,707
NOI
Details:
Cap Rate: 6.4%
NOI: $445,707
Building Size: 16,400 sqft
Lot Area: 0.57 sqft
Lease Type: Triple Net
Year Built: 2008
Tenancy: Single
Lease Expire Year: 03/16/2037
Highlights:
- St. Joseph Hospice is on a NNN Lease with 11 Years, 9 Months remaining and 2% annual increases.
- St. Joseph Hospice is your resource for comfort and end-of-life care and symptom management, along with respite care, to relieve primary caregivers. It is a place of peace and comfort care for those facing a life-limiting illness who need around-the-clock attention. St. Joseph Hospice Specializes in providing peace, comfort and dignity to those facing a life-limiting illness. We are confident in the abilities of our team of healthcare professionals to provide top-quality care to our patients and their families.
- The Carpenter Health Network is a well-established healthcare operator with 38 locations across the south in Texas, Arkansas, Louisiana, Mississippi, Alabama, and Florida.
- Strategically located by Our Lady of the Lake Regional Medical Center (900 beds), it is one of the 25 largest hospitals in the country and one of only three Level I trauma centers in Louisiana. Other hospitals near the property include Baton Rouge General Medical Center (600 beds), Ochsner Medical Center (760 beds), and more.
- Excellent demographics of a 5 mile population of 190,141 and 5 mile average household income of $106,598.
- Nestled along the majestic Mississippi River, Baton Rouge is the capital and the second largest city of Louisiana.
- The Carpenter House | St. Joseph Hospice sits close to Interstate 10 which has 180,587 vehicles per day.
- Louisiana State University (LSU), a renowned research institution with over 30,000 students, is located only 8 miles away from the property.
Description:
St. Joseph property is in close proximity to Our Lady of the Lake Regional Medical Center, a 900 bed hospital & one of the 25 largest hospitals in the country and one of only three Level I trauma centers in Louisiana. Baton Rouge has significant presence in the medical industry in Baton Rouge, other hospitals near the property include Baton Rouge General Medical Center (600 beds), Ochsner Medical Center (760 beds), and more all receiving awards for their work.
Documents:
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The_Carpenter_House__St._Joseph_Hospice_-_Baton_Rouge__LA_MP.pdf
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