1970 W Laurel Ave

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1970 W Laurel Ave

Eunice, LA 70535
Asking Price
$1.25M
Cap Rate
8.73%
Asset Type
Medical Office Office
Class
Class B

What's Special

8.73% CAP | Urgent Care NNN | Strong Credit Backing | Long-Term Lease + Annual Increases <ul><li>​Rare opportunity to acquire a purpose-built SouthStar Urgent Care facility in Eunice, LA, featuring 20-years of renewal options and annual rent escalations, offering investors a durable, predictable income stream.</li><li>​The subject property is a well-maintained, Class B medical office facility, purpose-built to suit SouthStar Urgent Care's operational needs, with an on-site billboard providing investors an additional, passive revenue stream of $1,500 per year beyond base rent.</li><l

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NOI
$80,000
Cap Rate
6.40%
DSCR
1.08
Tight
Cash-on-Cash
1.54%
Monthly Payment
$6,184.318
Annual Cash Flow
$5,788.184

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