300 Hospital Rd

A prime commercial opportunity in the heart of New Roads, LA: 3,750 square foot retail/medical clinic building, completed in 2021. This modern space is ideally positioned to capture the attention of both locals and visitors, offering a great investment for retail entrepreneurs. Boasting a prime location in the New Roads area, this building presents  a dynamic retail presence in a thriving community. With its contemporary construction and strategic placement, this property is poised to fulfill the vision of your next commercial real estate venture.

Strong Tenant Covenant –  SouthStar Urgent Care (originally under Hulin Health) has been part of Community Care Partners, a large urgent care operator.

Secure Long-Term Income – Approximately 11 years remain on a 15-year lease, offering reliable and stable cash flow for the long term.

Built-In Rent Growth – Annual rent escalations of 1.25% provide steady, predictable income appreciation.

Modern, Low-Maintenance Facility – Constructed in 2021, the 3,750 SF building’s newer condition minimizes near-term capital expenditure needs.

Consistent NOI – Net Operating Income is based on the average rents projected over the remaining 11 years of the primary lease term.