Build-to-Suit Medical
For Sale
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5301 Westbank Expressway, Marrero, LA 70072
Fully leased dialysis clinic with dedicated treatment and home-training areas along Westbank Expressway.
Property Size8,497 SF
Days on Market145
Property Features for 5301 Westbank Expressway
General Information
Standard status
Active
Size
8,497 SF
Property subtype
Retail, Office
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2017
Buildings
1
Building Size
8,497 SF
Tenancy
Single
Listing Agency:
Colliers - San Diego - Carlsbad, California
Listed By:
Jay Patel · License #01512624
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 29 at 9:21PM
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 Colliers - San Diego - Carlsbad, California
Investment Insights
Based on property information with market context.
Completed as a build-to-suit medical facility in 2017, the property contains 8,497 square feet configured for kidney dialysis services. The clinic includes 12 patient stations, one private station in a separate room, and four home training rooms. Fresenius occupies the facility under a 15-year lease that began in November 2016, with corporate backing from Fresenius Medical Care Holdings and scheduled 10% rent increases every five years during the primary term and option periods.
The facility fronts Westbank Expressway, providing access toward downtown New Orleans and the French Quarter. It is next to the 451-bed West Jefferson Medical Center and surrounded by national retailers. The surrounding five-mile area has more than 280,000 residents, with average household income above $70,000.
The facility fronts Westbank Expressway, providing access toward downtown New Orleans and the French Quarter. It is next to the 451-bed West Jefferson Medical Center and surrounded by national retailers. The surrounding five-mile area has more than 280,000 residents, with average household income above $70,000.
Key Highlights
- 8,497‑square‑foot medical facility completed in 2017
- 12 patient stations, 1 private station, and 4 home training rooms
- Fresenius lease has a 15‑year term beginning November 2016
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,286
Businesses Nearby
Explore this area
Business Placement
Demographics for 70072, LA
56,924
Population
22,845
Households
2.5
Avg Household Size
39
Median Age
16%
College-Educated
80%
High-School Grad
51.8 sq mi
ZIP Area
1,099
Density / Sq Mi
$55,866
Median Household Income
$34,411
Median Earnings
$1,091
Median Rent
$190,700
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 - Fully leased dialysis clinic with dedicated treatment and home-training areas along Westbank Expressway.
Where is this medical center located?
The property is located at 5301 Westbank Expressway Marrero, LA.
What are key features of this property?
This property features: 8,497‑square‑foot medical facility completed in 2017; 12 patient stations, 1 private station, and 4 home training rooms; Fresenius lease has a 15‑year term beginning November 2016
