108 Westover Dr Thibodaux, LA 70301
Sponsored
6,520 SF, 5.90% Cap Rate, Corporate Guarantee
Property size:
6,520 SFDescription
- Added:
- Dec 11, 2024
- Days on Market:
- 392
Property Features for 108 Westover Dr
General Information
- Property type
- NNN properties
- Square Feet
- 6,520 SF
- Class
- A
- Lot Size
- 63,162 SF
Building Details
- Year Built
- 2017
- Buildings
- 1
- Stories
- 1
- Units
- 1
HighLights
- Corporate guarantee from Fresenius Medical Care Holdings, Inc.
- Lease features 1.7% annual rent escalations initially, increasing to 2% during three 5‑year renewal options.
- Located in a high‑traffic retail area with national retailers like Lowe's and Walmart.
- Tenant responsible for most operating expenses, including taxes, insurance, and utilities; landlord responsible for structural repairs over $2,500, roof, and parking lot.
- 2017 construction minimizes future repair costs.
- Investment in essential healthcare business, providing stability in current market conditions.
Property Profile
Location Intelligence
Current Use by Public Records
BIO-MEDICAL APPLICATIONS OF LOUISIANA, ...
Medical Clinic
Fresenius Kidney Care ...
Dialysis Center
Map
- City
- Thibodaux
- County
- Lafourche Parish
- State
- Louisiana
- Longitude
- -90.818296331538
- Latitude
- 29.811513758465
Nearby Similar for Sale
FAQs
What type of property is this?
NNN property - 6,520 SF, 5.90% Cap Rate, Corporate Guarantee
Where is this nnn property located?
The property is located at 108 Westover Dr Thibodaux, LA.
What is the asking price?
The asking price for this property is $3,845,000.
What are key features of this property?
This property features: Corporate guarantee from Fresenius Medical Care Holdings, Inc.; Lease features 1.7% annual rent escalations initially, increasing to 2% during three 5-year renewal options.; Located in a high-traffic retail area with national retailers like Lowe's and Walmart.
