Medical Office Redevelopment
For Sale
Contact for pricing
110 N 1st St, Amite, LA 70422
Well-maintained medical office property with an existing NN lease structure and repurposing potential.
Property Size3,321 SF
Days on Market144
Property Features for 110 N 1st St
General Information
Standard status
Active
Size
3,321 SF
Property subtype
Office
Financials
Asking Price
$464,940
Cap Rate
13.92%
Listing Agency:
Horvath & Tremblay
Listed By:
Michael Mintz · License #IL
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 9:13PM
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 Horvath & Tremblay
Investment Insights
Based on property information with market context.
This medical office property contains 3,321 SF and is described as well maintained, with existing improvements suited to a medical office use. The building is no longer occupied by Fresenius, whose lease is identified as continuing through July 31, 2022.
The property is located in Amite City, Louisiana. Its NN lease structure and 13.92% cap rate provide additional context for evaluating the asset, while the former occupant’s departure creates an opportunity to repurpose the building.
The property is located in Amite City, Louisiana. Its NN lease structure and 13.92% cap rate provide additional context for evaluating the asset, while the former occupant’s departure creates an opportunity to repurpose the building.
Key Highlights
- 3,321 SF medical office property
- Fresenius no longer occupies the building
- Lease term identified through July 31, 2022
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
557
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70422, LA
13,863
Population
6,204
Households
2.2
Avg Household Size
40
Median Age
21%
College-Educated
84%
High-School Grad
157.5 sq mi
ZIP Area
88
Density / Sq Mi
$50,412
Median Household Income
$36,534
Median Earnings
$844
Median Rent
$169,900
Median Home Value
Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- Hutchinson Veterinary Clinic — 218 NE Central Ave, Amite City, LA 70422
Frequently Asked Questions
What type of property is this?
Medical Office Space - Well-maintained medical office property with an existing NN lease structure and repurposing potential.
Where is this medical office space located?
The property is located at 110 N 1st St Amite, LA.
What are key features of this property?
This property features: 3,321 SF medical office property; Fresenius no longer occupies the building; Lease term identified through July 31, 2022
