Leased Medical Properties
For Sale
$8,198,355
14707 Perkins Rd Multiple Addresses, Baton Rouge, LA 70810
Three fully-leased medical properties across Southeast Louisiana.
Property Size50,251 SF
Price / SF$163.15
Days on Market310
Property Features for 14707 Perkins Rd Multiple Addresses
General Information
Standard status
Active
Size
50,251 SF
Property subtype
Office
Building Details
Tenancy
Single Tenant
Listing Agency:
JRE Brokerage
Listed By:
Alex Knight · License #SALE.0912122944-ACT
(225) 955-1393
Source:
Lacdb.resimplifi
Added: Dec 9, 2025
Changed: Oct 6
Last Checked: Oct 14 at 7:38PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering includes three fully-leased medical properties across Southeast Louisiana. The portfolio includes a 31,866 SF inpatient hospital with 24 beds in Lutcher, a corporate office in Baton Rouge, and an outpatient clinic in Baton Rouge. The Lutcher facility includes a full-building generator and new HVAC chiller. Each location features a long-term lease in place, annual or scheduled rental escalations, and recent capital improvements. The tenant is responsible for the property taxes at all 3 facilities. The portfolio is available for purchase as a package or individually. One of the properties is located at 14707 Perkins Rd, Baton Rouge, LA 70810. The total property size is 50,251 SF.
Key Highlights
- Portfolio of three fully‑leased medical properties in Southeast Louisiana.
- Leased to Beacon Behavioral Hospital, Inc., a regional healthcare operator.
- Long‑term leases in place with annual or scheduled rental escalations.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$483,736
Cap Rate
5.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,674,720
$9.7M
Cap Rate 7%
$6,910,514
$6.9M
Cap Rate 9%
$5,374,844
$5.4M
Market Conditions
NOI Build-Up for 50,251 SF
Gross rent
$844.2K $16.80/SF
− Vacancy
−$38.0K −$0.76/SF
EGI
$806.2K $16.04/SF
− OpEx
−$322.5K −$6.42/SF
NOI
$483.7K $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 Rate 5%
$9,674,720
Cap Rate 7%
$6,910,514
Cap Rate 9%
$5,374,844
Alternative Uses
Best Use
Healthcare Medical
$6.91M
$6.05M – $8.06M
NOI $483,736 @ 7.0% cap · market cap 5.90%
Second Best
Office B
$6.87M
$6.01M – $8.01M
NOI $480,638 @ 7.0% cap · market cap 5.86%
Theoretical Best
Specialty Retail
$12.03M
$10.53M – $14.04M
NOI $842,426 @ 7.0% cap · market cap 10.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
154
Businesses Nearby
Explore this area
Business Placement
Demographics for 70810, LA
42,472
Population
19,195
Households
2.2
Avg Household Size
38
Median Age
55%
College-Educated
95%
High-School Grad
26.2 sq mi
ZIP Area
1,621
Density / Sq Mi
$93,712
Median Household Income
$52,510
Median Earnings
$1,406
Median Rent
$353,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Hospital - Three fully-leased medical properties across Southeast Louisiana.
Where is this hospital located?
The property is located at 14707 Perkins Rd Multiple Addresses Baton Rouge, LA.
What is the asking price?
The asking price for this property is $8,198,355.
What are key features of this property?
This property features: Portfolio of three fully‑leased medical properties in Southeast Louisiana.; Leased to Beacon Behavioral Hospital, Inc., a regional healthcare operator.; Long‑term leases in place with annual or scheduled rental escalations.
