1910 Main St, Franklin, LA 70538

3,600 SF | Retail Building | Franklin, LA 70538 | $2,128,266 ($591/SF) | 6.75% Cap Rate

Asking Price $2,128,266

Property Type
Retail
Square Feet
3,600 SF
Price / Square Foot
$591

Listing Contacts

  • Property Info

Property Overview

Helios Investment Services is Pleased to Present Exclusively For Sale the 3,600 SF Fast Pace Health Urgent Care Located at 1910 N Main St, Franklin, Louisiana. This Opportunity Includes an Ideal 1031 Exchange Opportunity on a New Construction 14 Year Long-Term Lease, Providing For a Unique Investment.

Property Details

Class
B
Year Built
2021
Stories
1
Property Subtype
Freestanding, Storefront, Medical
Lot Size (sq. ft)
14,375 SF

Highlights

  • 14 Years Remaining on Triple Net (NNN) Lease With Minimal Landlord Responsibilities For Structure and Load Bearing Walls
  • Corporate Guarantee From FP UC Holdings, LLC
  • Average Household Income of $54,217 Within a 5-Mile Radius
  • Located Directly on Main St Which Sees Over 22,163 VPD
  • Three (5) Year Option Periods with 10% Rental Increases at Year 6 and 11 & Option Periods
  • Stable Regional Tenant Undergoing Rapid Growth

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