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8375 Florida Blvd Denham Springs, LA 70726

For Sale
$4,993,741

NNN leased specialty hospital with 11+ years remaining.

Property size:
36,287 SF
Lot size:
11.16 Acres

Property Features for 8375 Florida Blvd

General Information

Size
36,287 SF
Lot size
11.16 Acres

Source: Upland Real Estate Group, Inc Agent Deborah Vannelli

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

NNN Leased Specialty Hospital Investment

This property features a NNN leased Sage Specialty Hospital with over 11 years remaining on the lease and annual rent increases of 2%. Sage Specialty Hospital (LTAC) provides continued intensive medical care for patients with complex medical conditions who require additional recovery time after discharge from a traditional acute care hospital, offering interventions such as ventilator/respiratory care, complex wound care, long-term IV therapies, and trauma care. The Carpenter Health Network, a healthcare operator with 38 locations across the south, operates the hospital. The net lease investment portfolio includes land, building, and a long-term lease. The property is situated near Highway 190, with average daily traffic counts of 74,022 vehicles. It is located approximately 6 miles from Our Lady of the Lake Regional Medical Center, which has over 900 beds. The surrounding area has a 5-mile average household income of $93,075 and a 5-mile population of 72,747. Denham Springs is located 15 miles east of downtown Baton Rouge and is known for its welcoming atmosphere.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

The Carpenter Health Network Hospice Sage Specialty Hospital Hospital Ltac of Denham Springs Medical Clinic

Suggested Use

Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Pharmacy Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Denham Springs
County
Livingston
State
Louisiana
Longitude
-90.9185856
Latitude
30.4842715

FAQs

What type of property is this?
Hospital - NNN leased specialty hospital with 11+ years remaining.
Where is this hospital located?
The property is located at 8375 Florida Blvd Denham Springs, LA.
What is the asking price?
The asking price for this property is $4,993,741.
What are key features of this property?
This property features: - NNN lease with 11+ years remaining and 2% annual rent increases.; - Tenant is Sage Specialty Hospital (LTAC), providing essential complex medical care.; - The Carpenter Health Network is a well-established healthcare operator with 38 locations.
More about this property
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