Fully Leased Medical
For Sale
$1,348,355
10425 Plaza Americana Dr, Baton Rouge, LA 70816
Outpatient healthcare facility in Baton Rouge with C2 zoning and an existing lease in place.
Property Size10,000 SF
Price / SF$134.84
Days on Market263
Property Features for 10425 Plaza Americana Dr
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Investment
Zoning
C2
Occupancy
100%
Building Details
Tenancy
Single Tenant
Building Size
10,000 SF
Listing Agency:
JRE Brokerage
(225) 955-1393
Listed By:
Alex Knight
(225) 955-1393
Source:
Lacdb.resimplifi
Added: Dec 9, 2025
Changed: Aug 28
Last Checked: Aug 28 at 11:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JRE Brokerage
Investment Insights
Based on property information with market context.
Located at 10425 Plaza Americana Dr in Baton Rouge, this 10,000-square-foot outpatient medical facility is fully leased to Beacon Behavioral Hospital, a regional healthcare operator with hospitals and outpatient centers across Louisiana. The property has undergone recent capital improvements and is configured for ongoing outpatient healthcare use.
The lease includes scheduled rental escalations, while the tenant is responsible for property taxes. The asset may be acquired individually or as part of a portfolio that also includes an inpatient hospital and corporate office property in Louisiana.
The lease includes scheduled rental escalations, while the tenant is responsible for property taxes. The asset may be acquired individually or as part of a portfolio that also includes an inpatient hospital and corporate office property in Louisiana.
Key Highlights
- 10,000 SF outpatient medical facility
- Fully leased to Beacon Behavioral Hospital
- Long‑term lease with scheduled rental escalations
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$96,264
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.14%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,925,280
$1.9M
Cap Rate 7%
$1,375,200
$1.4M
Cap Rate 9%
$1,069,600
$1.1M
Market Conditions
NOI Build-Up for 10,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$168.0K $16.80/SF
− Vacancy
−$7.6K −$0.76/SF
EGI
$160.4K $16.04/SF
− OpEx
−$64.2K −$6.42/SF
NOI
$96.3K $9.63/SF
Area
Baton Rouge, LA
Vacancy
4.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,925,280
Cap Rate 7%
$1,375,200
Cap Rate 9%
$1,069,600
Alternative Uses
Best Use
Healthcare Medical
$1.38M
$1.20M – $1.60M
NOI $96,264 @ 7.0% cap · market cap 7.14%
Second Best
Office B
$1.37M
$1.20M – $1.59M
NOI $95,648 @ 7.0% cap · market cap 7.09%
Theoretical Best
Specialty Retail
$2.39M
$2.10M – $2.79M
NOI $167,644 @ 7.0% cap · market cap 12.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
806
Businesses Nearby
Explore this area
Business Placement
Demographics for 70816, LA
45,232
Population
21,024
Households
2.2
Avg Household Size
34
Median Age
36%
College-Educated
94%
High-School Grad
16.3 sq mi
ZIP Area
2,775
Density / Sq Mi
$65,894
Median Household Income
$39,344
Median Earnings
$1,155
Median Rent
$232,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical center - Outpatient healthcare facility in Baton Rouge with C2 zoning and an existing lease in place.
Where is this medical center located?
The property is located at 10425 Plaza Americana Dr Baton Rouge, LA.
What is the asking price?
The asking price for this property is $1,348,355.
What are key features of this property?
This property features: 10,000 SF outpatient medical facility; Fully leased to Beacon Behavioral Hospital; Long‑term lease with scheduled rental escalations
