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BABIN DENTAL (MB2) 10631 Hillary Ct

2,701 SF Office Building Baton Rouge, LA 70810 $667,782 ($247/SF) 8.25% Cap Rate

Investment Highlights

  • COMPREHENSIVE DENTAL SERVICES | MULTI-DOCTOR LOCATION | 700+ UNIT OPERATOR | 8.25% CAP
  • AFFLUENT REGION | 220,000+ RESIDENTS IN BATON ROGUE, LA | IDEAL MEDICAL OFFICE LOCATION – Average household incomes are over $112,000
  • NN LEASE STRUCTURE | HIGH YIELD INVESTMENT | SUB $1M PRICE POINT – This lease provides owner with a nearly passive investment
  • MB2 DENTAL | 700+ LOCATIONS | 1,500+ DOCTORS – Babin Dental is part of the MB2 Dental service organization
  • SCHEDULED RENTAL INCREASES | HEDGE AGAINST INFLATION – 2% annual rental increases provide a future owner with a boost in cash flow and return
  • HEALTHCARE REAL ESTATE | SPECIALTY USE | NATIONAL DENTAL OPERATOR – Medical tenants are highly sought after by investors

Executive Summary

Broker of Record
Donnie Jarreau
License No. BROK.995704351-CORP (LA)
(866) 889-0550
Jarreau Real Estate
16173 Perkins Road Baton Rouge,
LA 70810

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
2,701 SF
Building Class
A
Year Built
1995
Price
$667,782
Price Per SF
$247
Cap Rate
8.25%
NOI
$55,092
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,701 SF
Building FAR
0.24
Land Acres
0.26 AC
Zoning
commercial
Parking
10 Spaces (3.7 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01496719
Land Assessment
$2,780
Improvements Assessment
$45,840
Total Assessment
$48,620
  • Listing ID: 33331992

  • Date on Market: 9/27/2024

  • Last Updated:

  • Address: 10631 Hillary Ct, Baton Rouge, LA 70810

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