SouthStar Urgent Care - Net Lease Property for Sale
Zachary, LA
Key Investment Metrics
Price
$1,800,000
Cap Rate
6.8%
Net Operating Income
$122,301
Building Size
3003 SF
Lot Size
3,003 SF
Land Area
0.45 Acres
Remaining Term
10.1 years
Lease Expiration
02/02/2036
Lease Term
15 years
Lease Commencement
02/03/2021
Lease Type
Absolute NNN
Year Built
2021
Occupancy
100%
Tenancy
Single
Rent Increases
1.25% Annual
About This SouthStar Urgent Care Net Lease Property
This SouthStar Urgent Care NNN (triple net lease) property is located in Zachary, LA and represents an excellent investment opportunity for commercial real estate investors. The property features 3003 square feet of building space and was built in 2021.
With a cap rate of 6.8%, this SouthStar Urgent Care net lease property offers stable income potential. The asking price is $1,800,000, making it an attractive option for 1031 exchange investors seeking quality SouthStar Urgent Care commercial properties.
Why Invest in SouthStar Urgent Care NNN Properties?
- Stable Income: SouthStar Urgent Care net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: SouthStar Urgent Care is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Zachary, LA Market Overview
Located in Zachary, LA, this SouthStar Urgent Care property benefits from strong local demographics and market fundamentals. The Zachary area offers excellent visibility and accessibility, making it an ideal location for SouthStar Urgent Care operations and a solid investment for net lease property buyers.