Medical Office Facility with Exam
6507 COLISEUM Boulevard Alexandria, LA 71303
6507 COLISEUM Boulevard, Alexandria, LA, 71303
$1,949,000
For Sale
$1,949,000
Well-maintained medical office with large waiting and reception areas plus extensive exam room and lab buildout.
Property Size6,500 SF
Price / SF$299.85
Days on Market286
Property Features for 6507 COLISEUM Boulevard
General Information
- Standard status
- Active
- Size
- 6,500 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2014
Listing agency
LATTER AND BLUM Central Realty LLC
(318) 445-7653
Listed by
JACK HODGES · License #70147
Source
Xome
Added: Oct 9, 2025 Updated: Jul 21 at 1:18AM Checked: Jul 21 at 3:07AM
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 LATTER AND BLUM Central Realty LLC
Investment Insights
Based on property information with market context.
Available for sale, this 6,500-square-foot office space was formerly used as a general and family medicine facility. The layout is described as efficient and flexible, with a large waiting room and reception area designed to serve multiple clients or patients. Behind reception, the space includes an extensive medical buildout featuring two offices and ten examination rooms with examination tables, along with a staff lounge, medical laboratory space, billing area, medical records, and supply areas.
The property is located along highly visible Coliseum Boulevard (Highway 28 West) with strong visibility and accessibility. It is situated near major retailers, banks, and car dealerships.
For prospective users, the interior configuration supports an operations-ready medical office format, with patient-facing areas as well as back-of-house medical support spaces.
The property is located along highly visible Coliseum Boulevard (Highway 28 West) with strong visibility and accessibility. It is situated near major retailers, banks, and car dealerships.
For prospective users, the interior configuration supports an operations-ready medical office format, with patient-facing areas as well as back-of-house medical support spaces.
Key Highlights
- 6,500 SF office space on Coliseum Boulevard (Highway 28 West)
- Former general and family medicine facility with extensive medical buildout
- Large waiting room and reception area with extensive exam rooms and medical support spaces
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $156.0k | $24.00 |
| − Vacancy | −$34.3k | −$5.28 |
| EGI | $121.7k | $18.72 |
| − OpEx | −$30.4k | −$4.68 |
| NOI | $91.3k | $14.04 |
6,500 SF · lease $24.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.30M
$1.14M – $1.52M
NOI $91,260 @ 7.0% cap · market cap 4.68%
Second Best
Healthcare Medical
$1.14M
$1.00M – $1.33M
NOI $80,077 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$1.79M
$1.57M – $2.09M
NOI $125,424 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bharwani Sunil MD
Physician
Rebecca Robinson Pridgeon
Physician
Ashley Billings, MD
Pediatrician
Rapides Family Practice ...
Pediatrician
Sunil Bharwani
Pediatrician
Similar For Sale Nearby
Similar Off Market Nearby
- Vet Center — 5803 Coliseum Blvd, Alexandria, LA 71303
FAQs
What type of property is this?
Medical Office Space - Well-maintained medical office with large waiting and reception areas plus extensive exam room and lab buildout.
Where is this medical office space located?
The property is located at 6507 COLISEUM Boulevard Alexandria, LA.
What is the asking price?
The asking price for this property is $1,949,000.
What are key features of this property?
This property features: 6,500 SF office space on Coliseum Boulevard (Highway 28 West); Former general and family medicine facility with extensive medical buildout; Large waiting room and reception area with extensive exam rooms and medical support spaces
