Medical Office Tenant NNN Property For Sale — Denham Springs, LA · 5,004 SF
Denham Springs, LA 70726
Presenting a ±5,004 SF single-tenant NNN-leased medical office property situated on 0.63 acres in Denham Springs, Louisiana. The in-place tenant has occupied the facility since 2023 under a NNN lease expiring in March 2031, providing approximately 5 years of stable, passive cash flow with 3% annual rent increases. Recent capital improvements include HVAC replacements and a roof replaced in 2014 backed by a 50-year warranty. Positioned along Veterans Blvd, the property enjoys excellent access within an established commercial corridor just minutes from US Highway 190 and Interstate 12.
- Address: Denham Springs, LA 70726
- Asking price $1.30M
- 7.06% cap rate
- NOI $91,800
- 5 years remaining
- NNN lease
- Building size: 5,004 SF
- Lot size: 0.63 acres
- Lease expiration: Mar 31, 2031
- Rent increases: 3% annual increases
- Guarantor: Corporate
Location
This Medical Office Tenant property is in Denham Springs, Louisiana.
Asset type: Medical