Active
Medical Residential - 8% CAP - 44 Units NNN
17010 Old Covington Hwy, Hammond, LA 70403
1 / 1

Overview
8% CAP Rate
Maples Behavioral Health Residential Center
New 10 Year lease (NNN) with 8.5 years remaining.
2% Annual Increases beginning in year 6
Base rent $11.10 SqFt.
$138 / SqFT Purchase Price
Strong Tenant Financials
4.8 Acres with 2.2 Acres available to develop.
Call agent for details
Attachments
For Sale
Other
- Sale Price
- $4,585,350
- Price Per SF
- $138.8/SF
- Building Size
- 33,047 SF
- Acres
- 4.53 ac
- Max Contiguous
- 33,047
- Number of Buildings
- 1
- Floors
- 2
- Year Built
- 1998
- Construction Type
- Framed
- Submarket
- LACDB - 85
- Property Status
- Existing
- County
- Tangipahoa Parish
- Created
- 03/21/2024
- Updated
- 11/21/2024
- Listing ID
- c61166ac
- Parcel APN
- 2066602