100 Champagne Blvd, Unit A Breaux Bridge, LA 70517-3852
- Commercial real estate
- 4,800 SF
- 0.83 lot acres
Nov 09, 2020
Current Use by Public Records
- Fresenius Kidney Care Breaux Bridge / Medical Clinic
- RAPHAEL JOHN HIGGINBOTHAM / Physician / Medical Clinic
- AMANDA J HAYES / Physician
Property Details for 100 Champagne Blvd
- Year built
- 2000
- Lot size
- 0.83 lot acres
- Property size
- 4,800 SF
- Property type
- Commercial real estate
- APN
- 06901H3030
- APU
- 06901H3030
Description
This exceptional investment opportunity presents a portfolio of six (6) medical office buildings totaling 43,611 rentable square feet, located across five Louisiana cities: Breaux Bridge, Eunice, Sunset, Ville Platte, New Iberia, and Lafayette. Each property is 100% occupied by Fresenius Kidney Care, a leading operator in the kidney care industry, under a triple-net (NNN) lease structure backed by a corporate guarantee. Built between 1997 and 2001, the portfolio boasts a strong 7.75% cap rate and a substantial net operating income (NOI) of $615,128. The asking price is $7,937,137, translating to $182 per square foot. Annual rental increases of 1.5% to 2.5% are built into the leases, providing consistent income growth. The portfolio benefits from the high demand for dialysis services in Louisiana, which has the 18th-highest rate of end-stage renal disease in the nation. This investment offers a stable, high-yield opportunity in a recession-resistant industry, with a tenant boasting an investment-grade credit rating. The portfolio's strategic locations within the Lafayette Parish metro area and surrounding areas ensure long-term operational viability and potential for appreciation. The properties are fee simple ownership, offering complete control and upside potential. This is a rare opportunity to acquire a well-performing, diversified portfolio with a blue-chip tenant.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Breaux Bridge
- County
- Saint Martin
- State
- Louisiana
- Longitude
- -91.8892
- Latitude
- 30.2816
- CBSA code
- 29180
- CBSA name
- LAFAYETTE, LA METROPOLITAN STATISTICAL AREA