8313 Picardy Ave, Baton Rouge, LA 70809

9,300 SF Health Care Building Offered at $3,511,350 at a 6.40% Cap Rate in Baton Rouge, LA 70809

Asking Price $3,511,350

Property Type: Health Care
Square Feet: 9,300 SF

Listing Contacts

Keith Sturm

Deborah Vannelli

Amanda Leathers

Property Overview

License Type: Freestanding Outpatient Therapy
Capacity: N/A
The net lease investment portfolio includes land, building, and long term lease. The business is not for sale.

Property Details

Class: B
Year Built: 1965
Stories: 1
Property Subtype: Rehabilitation Center
Lot Size (sq. ft): 65,340 SF
Units: 1

Highlights

SAGE Rehabilitation Outpatient & Day Neuro is on a NNN Lease with more than 12 1/2 years remaining and 2% annual increases.
The Carpenter Health Network is a well-established healthcare operator with 38 locations across the south in TX, AR, LA, MS, AL, & FL.
SAGE Rehabilitation Outpatient & Day Neuro property is located next to Baton Rouge General Medical Center (600 beds).
Excellent demographics of a 5 mile population of 194,272 and 3 mile average household income of $112,639.
Nestled along the majestic Mississippi River, Baton Rouge is the capital and the second largest city of Louisiana.
SAGE Rehabilitation Outpatient & Day Neuro sits close to Interstate 10 which has 180,587 vehicles per day.

Nearby Properties

$3,511,350

SAGE Rehabilitation Outpatient & Day Neuro

9,300 SF Health Care Building Offered at $3,511,350 at a 6.40% Cap Rate in Baton Rouge, LA 70809

8313 Picardy Ave
Baton Rouge, LA 70809

View Details
$3,595,622

SAGE Rehabilitation Hospital & Outpatient

9,300 SF Health Care Building Offered at $3,595,622 at a 6.25% Cap Rate in Baton Rouge, LA 70809

8313 Picardy Ave
Baton Rouge, LA 70809

View Details
$2,000,000

Office/Warehouse with Covered Canopy For Sale

12,513 SF | Vacant | Office Building | Baton Rouge, LA 70809 | $2,000,000 ($160/SF)

8377 Picardy Ave
Baton Rouge, LA 70809

View Details
$2,801,200

7 Brew Coffee | Baton Rouge, LA

510 SF | Retail Building | Baton Rouge, LA 70809 | $2,801,200 ($5,493/SF) | 7% Cap Rate

5131 Essen Ln
Baton Rouge, LA 70809

View Details
$2,509,056

Baton Rouge Health District Development Site

2.88 Acres of Commercial Land Offered at $2,509,056 USD in Baton Rouge, LA 70808

6897 Perkins Rd
Baton Rouge, LA 70808

View Details
$466,068

Mercantile Office Park - Pad #5

0.1 Acres of Commercial Land Offered at $466,068 USD in Baton Rouge, LA 70809

4475 Bluebonnet Blvd
Baton Rouge, LA 70809

View Details
$1,350,000

1.03 Acres of Commercial Land Offered at $1,350,000 USD in Baton Rouge, LA 70809

8440 Jefferson Hwy
Baton Rouge, LA 70809

View Details

Similar Properties

$3,511,350

SAGE Rehabilitation Outpatient & Day Neuro

9,300 SF Health Care Building Offered at $3,511,350 at a 6.40% Cap Rate in Baton Rouge, LA 70809

8313 Picardy Ave
Baton Rouge, LA 70809

View Details
$3,512,000

Chipotle

2,325 SF | Retail Building | Arlington, TX 76018 | $3,512,000 ($1,511/SF) | 4.50% Cap Rate

4422 Collins St
Arlington, TX 76018

View Details
$3,510,000

Freddy's Frozen Custard and Steakburgers

2,592 SF | Retail Building | Fayetteville, GA 30214 | $3,510,000 ($1,354/SF) | 5.70% Cap Rate

1215 Highway 85
Fayetteville, GA 30214

View Details
$3,510,000

Mercier Building | Urban Core Mixed-Use

17,901 SF | 100% Leased | Retail Building | Detroit, MI 48226 | $3,510,000 ($196/SF) | 9.01% Cap Rate

450 Fort St
Detroit, MI 48226

View Details
$3,509,843

Caliber Car Wash

2,373 SF | 100% Leased | Retail Building | Fort Walton Beach, FL 32548 | $3,509,843 ($1,479/SF) | 5.75% Cap Rate

162 Eglin Pkwy
Fort Walton Beach, FL 32548

View Details
$3,513,520

Hooters

4,749 SF | Retail Building | Concord, NC 28027 | $3,513,520 ($740/SF) | 6.25% Cap Rate

7702 Gateway Ln
Concord, NC 28027

View Details
$3,514,150

New 20 Year Kerry's Car Care

6,220 SF | Retail Building | Gilbert, AZ 85297 | $3,514,150 ($565/SF) | 6% Cap Rate

4655 Queen Creek Rd
Gilbert, AZ 85297

View Details

FAQ

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?: Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?: Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker: We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?: Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
How do I unsubscribe from emails?: At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].