BABIN DENTAL (MB2) | 10631 Hillary Ct
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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
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
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)
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PROPERTY TAXES
Parcel Number | 01496719 | Improvements Assessment | $45,840 |
Land Assessment | $2,780 | Total Assessment | $48,620 |
PROPERTY TAXES
Parcel Number
01496719
Land Assessment
$2,780
Improvements Assessment
$45,840
Total Assessment
$48,620
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BABIN DENTAL (MB2) | 10631 Hillary Ct
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