318 Guilbeau Rd, Lafayette, LA 70506
Commercial property for lease
- 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. Building price details: $1,200,000.
- Contact info
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David A GleasonColdwell Banker Pelican - LafayetteRobert W MinyardColdwell Banker Pelican - Lafayette
- Note
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- Property Details
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Property Type: Commercial (Other) Status: Available Lot Size: 0.410 Acres Number of Stories: 1 Submarket: Medical MSA: Lafayette Zoning: CH Buildings: 1 Terms: Cash to Seller Added: 12/02/2017