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2204 Robin Ave

16,622 SF Office Building Hammond, LA 70403 $3,328,600 ($200/SF) 6.50% Cap Rate

Investment Highlights

  • Established for 20+ years in this location
  • Located within minutes of every mayor Hammond, LA hospital
  • Long-term NNN lease with 3% annual increases

Executive Summary

16,622 SF fully-leased medical office is now available for sale. The subject property consists of a large parcel of approximately 1.28 acres. It is located within a half-a-mile from the Interstate 12 and Interstate 55 intersection. This medical office is conveniently situated by busy retail thoroughfare and within minutes of every mayor Hammond, LA hospital.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
16,622 SF
Building Class
B
Year Built/Renovated
1995/2002
Price
$3,328,600
Price Per SF
$200
Cap Rate
6.50%
NOI
$216,360
Tenancy
Single
Building Height
1 Story
Typical Floor Size
16,622 SF
Building FAR
0.30
Land Acres
1.28 AC

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 16,622 SF
  • Medical
  • -
  • 30 Days

16,622 SF for lease medical office Currently built out for a Physical Therapy practice Therapy pool on site Located within minutes of every major Hammond, LA hospital

Space Size Space Use Condition Available
1st Floor 16,622 SF Medical - 30 Days

1st Floor

Size
16,622 SF
Space Use
Medical
Condition
-
Available
30 Days

1st Floor

Size 16,622 SF
Space Use Medical
Condition -
Available 30 Days

16,622 SF for lease medical office Currently built out for a Physical Therapy practice Therapy pool on site Located within minutes of every major Hammond, LA hospital

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05447003
Land Assessment
$27,879
Improvements Assessment
$192,971
Total Assessment
$220,850
  • Listing ID: 25475091

  • Date on Market: 4/14/2022

  • Last Updated:

  • Address: 2204 Robin Ave, Hammond, LA 70403

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