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Fast Pace Health 1910 Main St

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

Retail Buildings Louisiana Franklin 1910 Main St, Franklin, LA 70538

Investment Highlights

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

Executive Summary

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 Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,600 SF
Building Class
B
Year Built
2021
Price
$2,128,266
Price Per SF
$591
Cap Rate
6.75%
NOI
$143,658
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Land Acres
0.33 AC
Zoning
C1 - Commercial
Parking
39 Spaces (10.83 Spaces per 1,000 SF Leased)
Frontage
147 FT on Main Street

Amenities

  • Air Conditioning

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Fast Pace Health
  • Health Care and Social Assistance
  • 3,600 SF
  • -
  • Triple Net
  • Mar 2037
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Fast Pace Health Health Care and Social Assistance 3,600 SF - Triple Net Mar 2037

Links

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1910 Main St, Franklin, LA - aerial map view - Image1
1910 Main St, Franklin, LA - aerial map view - Image2

PROPERTY TAXES

Parcel Number 2234761031 Improvements Assessment $71,509
Land Assessment $27,320 Total Assessment $98,829

PROPERTY TAXES

Parcel Number
2234761031
Land Assessment
$27,320
Improvements Assessment
$71,509
Total Assessment
$98,829
(805) 889-7837

  • Listing ID: 25825051

  • Date on Market: 6/1/2022

  • Last Updated:

  • Address: 1910 Main St, Franklin, LA 70538

More public record information on 1910 Main St, Franklin, LA 70538

The Retail Property at 1910 Main St, Franklin, LA 70538 is currently available For Sale. Contact Helios Investment Services for more information.

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1910 Main St, Franklin, LA for sale Building Photo- Image 1 of 8
1910 Main St
1910 Main St, Franklin, LA for sale Building Photo- Image 2 of 8
1910 Main St
1910 Main St, Franklin, LA for sale Building Photo- Image 3 of 8
1910 Main St
1910 Main St, Franklin, LA for sale Aerial- Image 4 of 8
1910 Main St - Aerial
1910 Main St, Franklin, LA for sale Aerial- Image 5 of 8
1910 Main St- Aerial
1910 Main St, Franklin, LA for sale Other- Image 6 of 8
1910 Main St - Site Map
1910 Main St, Franklin, LA for sale Floor Plan- Image 7 of 8
1910 Main St

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Fast Pace Health | 1910 Main St
(805) 889-7837 x

Fast Pace Health | 1910 Main St

Kaveh Ebrahimi

(805) 889-7837

(805) 889-7837

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