2204 Robin AveHammond, LA 70403

This exceptional investment opportunity presents a fully leased, 16,622 square foot Class B medical office building in Hammond, Louisiana. Located at 2204 Robin Ave, 70403, this property boasts a strong 6.5% cap rate and a substantial net operating income (NOI) of $216,360. The building, constructed in 1995 and renovated in 2022, sits on a 1.28-acre lot and is currently 100% occupied by Affiliated Therapy Service under a triple-net (NNN) lease. The lease commenced August 22, 2018, and includes two 5-year options with built-in rent bumps. The asking price is $3,328,600, translating to $200.25 per square foot. This prime location offers convenient access to major thoroughfares, including Interstates 12 and 55, and is within minutes of all major Hammond hospitals, ensuring high visibility and strong tenant demand. The property's long-term lease, consistent rent increases, and strategic location make it an attractive investment for discerning buyers seeking a stable and high-yielding asset in a thriving medical market. This is a rare opportunity to acquire a well-maintained, fully leased medical office building with a proven track record of success.