CENTURY 21 Action Alert

318 Guilbeau Road, Lafayette, LA 70506 — Price: $1,200,000

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Commercial
Square Feet 5,000
MLS Number: 17003064


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 Community Information:
What's Nearby
Nearby Schools
Nearby Sold Listings
Community Stats

Directions


Camellia to Guilbeau Road, property is on your right.

Description


INVESTMENT OPPORTUNITY! This is a stand-alone Medical Office building located in the heart of Acadiana! Building is in excellent condition and in 2013-2014 it was renovated to accommodate a Cath Lab for three Cardiologists. The tenant spent $750,000 on renovations and another $750,000 on equipment. Current Lease is for ten years with one ten year option to renew for an increase and the commencement was around March of 2014. There are approximately 7 years left on the lease. Cap Rate of 7.5% and NOI of $90,000 annually.

Features:


Heating/Cooling Central air
Central heat
Exterior Block exterior
Lot Lot acreage is: 0.41
Subdivision: Oakbend
Lot zoned: CH
Interior Security system
Roofing Composition roof
Basement Slab Foundation
Utilities Public sewer
Public water
Construction Total square feet: 5000.00
Other For sale


Mortgage Payments


The approximate monthly Principal & Interest payment for this property would be $5,776.21.
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Courtesy of:


Coldwell Banker Pelican R.E.



© 2017 REALTOR® Association of Acadiana MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Realtor® Association of Acadiana MLS. Real estate listings held by brokerage firms other than CENTURY 21 Action Realty are marked with the MLS approved icon for IDX (a little black house).