Entity Owned Property summary
This exceptional investment opportunity presents a 16,400-square-foot retail property in Baton Rouge, Louisiana, currently operating as a healthcare facility under a triple-net (NNN) lease. The property, built in 2008 and situated on a 0.57-acre lot at 10615 Jefferson Hwy, boasts a strong 100% occupancy rate with a substantial remaining lease term of 12.3 years. The lease commenced March 17, 2022, and extends to March 16, 2037, featuring built-in 2% annual rent increases. The current asking… price is $6,827,625, translating to a compelling $416.32 per square foot and a 6.40% capitalization rate based on a net operating income (NOI) of $436,968. The tenant, The Carpenter House | St. Joseph Hospice, is part of The Carpenter Health Network, a well-established healthcare operator with a significant presence across the Southern United States. This strategically located property benefits from its proximity to major medical facilities, including Our Lady of the Lake Regional Medical Center, Baton Rouge General Medical Center, and Ochsner Medical Center. The property also enjoys excellent demographics, with a 5-mile population exceeding 190,000 and an average household income of $99,622. Its location near Interstate 10 (180,587 vehicles daily) and Louisiana State University further enhances its appeal. The lease includes two 5-year renewal options, each with 2% annual rent increases, providing long-term stability and predictable income growth for the investor. This is a rare opportunity to acquire a high-performing, net-leased healthcare property in a thriving market.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 5 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 16,400 SF
- Lot area
- 2.3 ac
- Year built
- 2008
- APN
- 1996983
- Assessed value · 2023
- $769,940
- Annual tax · 2023
- $89,270
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Cap Rate Calculation
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- Alternative use
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