318 Guilbeau Road, Lafayette, LA 70506 | Lafayette Home For Sale and Real Estate

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More about 318 Guilbeau Road, Lafayette, LA 70506

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.

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Property Details
Price
$1,200,000
Area No
G3
Sq.Ft
5000
County
Lafayette
Property Type
Commercial
Approx Age
6 - 10 Years
Heating
Central Heat
Cooling
Central Air
Exterior Features
Door Sign,
Parking
Concrete, Off Street
Area
G3
Acres
0.410
Surrounding Properties
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IDX
Courtesy Of the Realtor Association of Acadiana.

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Latter & Blum Inc./Realtors®, CJ Brown Realtors®, Van Eaton & Romero Realtors® and Noles-Frye Realty® are licensed real estate brokerage firms in Louisiana and Mississippi.

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