NNN-Leased Medical
New
For Sale
Contact for pricing
1501 West McNeese Street, Lake Charles, LA 70605
Veterinary services occupy the property under a lease with annual rent increases and tenant-paid operating expenses.
Property SizeContact for details
Days on Market6
Property Features for 1501 West McNeese Street
General Information
Standard status
Active
Property subtype
Office, Special Purpose
Listing Agency:
JDS Real Estate Services, Inc.
Listed By:
Jennifer Stein · License #OK 159684
(213) 446-5366
Source:
Crexi
Added: Sep 22
Changed: Sep 26
Last Checked: Sep 26 at 2:31PM
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 JDS Real Estate Services, Inc.
Investment Insights
Based on property information with market context.
The medical office property at 1501 West McNeese Street is leased to Topline ER Veterinary Services, LLC. The agreement runs from August 1, 2020, through August 1, 2030, with approximately 3 years and 10 months remaining and 2% annual rent increases. The lease is structured on an essentially NNN basis, assigning the tenant property taxes, utilities, insurance, and most maintenance and repair costs, including HVAC, plumbing, electrical, refrigeration, landscaping, signage, and generator service. The landlord retains responsibility for the roof, its supports, and major parking lot potholes that affect tenant use.
The roof was replaced in 2020, and the property has a generator. The stated cap rate is 9.65%.
The roof was replaced in 2020, and the property has a generator. The stated cap rate is 9.65%.
Key Highlights
- Occupied by Topline ER Veterinary Services, LLC
- Lease runs through August 1, 2030, with approximately 3 years and 10 months remaining
- 2% annual rent increases
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
668
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 70605, LA
39,903
Population
17,926
Households
2.2
Avg Household Size
38
Median Age
42%
College-Educated
97%
High-School Grad
43.0 sq mi
ZIP Area
928
Density / Sq Mi
$88,337
Median Household Income
$46,173
Median Earnings
$1,348
Median Rent
$293,800
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- Pet Emergency Clinic — 1501 W McNeese St, Lake Charles, LA 70605
Frequently Asked Questions
What type of property is this?
Medical Office Space - Veterinary services occupy the property under a lease with annual rent increases and tenant-paid operating expenses.
Where is this medical office space located?
The property is located at 1501 West McNeese Street Lake Charles, LA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Occupied by Topline ER Veterinary Services, LLC; Lease runs through August 1, 2030, with approximately 3 years and 10 months remaining; 2% annual rent increases
