2204 Robin Ave Hammond

Office for Sale
Catylist Listing ID: 30278520
Property Subtypes: Medical
Building Size (RSF): 16,622 SF
Gross Land Area: 1.28 Acres
Sale Price: $2,371,395
Unit Price: $142.67 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: 8.6%
Average Occupancy Rate: 100
Last Updated: 9/19/2019

Overview / Comments

Long standing tenant that has been in the location for more than 20 years. Business sold in August of 2018 to Sheridan Capital Partners. 7 years remaining on original 8 year lease, with 3% annual increases and 2 five year options with 3% annual increases in option periods, as well. All expenses passed through to tenant.

Current Tenants

Tenant Business Name Affiliated Therapy Services
Website URL http://www.atsla.com/
Industry Type Health Care and Social Assistance

Additional Details

Nearest MSA: Hammond
County: Tangipahoa
Submarket/Township: 85
Tax ID/APN: 2676621035

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,118 32,940 54,987
Median Age: 34.96 32.03 32.02
Households: 706 12,163 20,672

Contact

Photograph of Listing Agent

Ron Patron

Coldwell Banker Commercial TEC Realtors New Orleans, LA 70115
LACDB Member
© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.