Freestanding Medical Center
559 W Railroad Ave Independence, LA 70443
For Sale
Contact for pricing
Pending
NN leased veterinary medical facility with a remaining initial term and multiple extension options.
Days on Market103
Property Features for 559 W Railroad Ave
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing Agency:
Brian Wine
Listed By:
Brian Wine · License #CA 01952225
Source:
Crexi
Added: Apr 12
Changed: Jul 21
Last Checked: Jul 22 at 10:37AM
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 Brian Wine
Investment Insights
Based on property information with market context.
Offered for fee simple ownership is a freestanding small animal hospital investment property in a NN (net-net) lease structure. The tenant is Thrive, with more than four years remaining in the initial term and four (5-year) extension options. The lease includes annual rental increases tied to CPI changes over both the initial term and option periods.
The landlord’s obligations under the double net lease are limited to maintenance and repair of the foundation, exterior walls, roof, and other structural and wood-destroying insect treatment and repairs.
This is a medical-focused, freestanding building investment leased to an operating animal hospital, positioned as a low-management ownership opportunity based on the stated limited landlord responsibility framework.
The landlord’s obligations under the double net lease are limited to maintenance and repair of the foundation, exterior walls, roof, and other structural and wood-destroying insect treatment and repairs.
This is a medical-focused, freestanding building investment leased to an operating animal hospital, positioned as a low-management ownership opportunity based on the stated limited landlord responsibility framework.
Key Highlights
- NN leased, freestanding Hickory Small Animal Hospital investment property in Independence, Louisiana
- Lease includes over 4 years remaining in the initial term plus 4 (5‑year) extension options
- Annual rent increases based on CPI total percentage increase throughout the initial term and options
Property Analytics
Location Intelligence
Current Use by Public Records
Hickory Small Animal ...
Veterinary Clinic
FAQs
What type of property is this?
Medical center - NN leased veterinary medical facility with a remaining initial term and multiple extension options.
Where is this medical center located?
The property is located at 559 W Railroad Ave Independence, LA.
What are key features of this property?
This property features: NN leased, freestanding Hickory Small Animal Hospital investment property in Independence, Louisiana; Lease includes over 4 years remaining in the initial term plus 4 (5‑year) extension options; Annual rent increases based on CPI total percentage increase throughout the initial term and options
