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Medical Office Investment Opportunity

17503 Old Jefferson Hwy Prairieville, LA 70769

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Overview

Rare opportunity to acquire a single-tenant leased medical office, occupied by Our Lady of the Lake Health (FMOLHS), the third largest health system in Louisiana. The subject property is a 2,796 SF medical office condominium. Our Lady of the Lake Health recently executed a 5-year lease with attractive annual increases and limited landlord responsibilities. The Property is located in Prairieville, LA in Ascension Parish, which is among the fastest growing areas in the state. FMOLHS is relocating to the property, showing commitment to the site and area. The site is located on Old Jefferson Hwy, providing excellent access to Airline Hwy, the main area thoroughfare, and is situated among many complimentary medical users.

Attachments

For Sale

Office

Secondary Uses: Medical

Sale Price
$848,441
Price Per SF
$303.4/SF
Building Size
2,796 SF
Acres
0.065 ac
Sale Terms
Cash to Seller
Building Class
B
Number of Buildings
1
Floors
1
Construction Type
Framed
Parking Type
Surface
Tenancy
Single Tenant
Submarket
LACDB - 90
Nearest MSA
Baton Rouge
Property Use Type
Investment
Property Status
Existing
Average Occupancy Rate
100%
County
Ascension Parish
Created
2024-12-04
Updated
2025-06-30
Listing ID
6c2fe64c
Parcel APN
20018008