Active
Sale
Office
Medical

Abita Springs Medical

21501 Hwy 36, Abita Springs, LA 70420

For Sale

$1,300,000

$203.99/SF

Cap Rate
7.8%%
Building Size
6,373 SF
Lot Size
0.647 ac
Parish
St. Tammany
Days on Market
926
Listed
03/19/2024
Updated
06/25/2025

Overview

A 6,373 sq. ft. vacant renal care facility, that is leased until September 30, 2027, by Bio-Medical Applications of Louisiana, LLC ( a subsidiary of Fresenius Medical). The tenant is paying approximately $102,000 per year in net income, and may be receptive to a buy-out of their lease.

Additional Information

City
Abita Springs
State
LA
Zip Code
70420
Secondary Uses
Medical
Office SF
5,781 SF
Zoning
COMMERCIAL
Building Class
B
Max Contiguous
6,373
# of Buildings
1
Floors
1
Year Built
2007
Construction Siding
Brick
Construction Type
Masonry
Rentable SF
7,250
Nearest MSA
New Orleans-Metairie-Kenner
Property Status
Existing
Parcel APN
1150309893
Listing ID
54108c1a

Parcel & Location