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1970 W Laurel Ave
Eunice, LA 70535

$1,250,000 USD

Freestanding For Sale  •  3,750 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 3,750 SF
  • Lot Size 0.76 AC
  • Building Class B
  • Year Built 2018
  • Cap Rate 8.73 %
  • Tenancy Single
  • Zoning Retail
40 Walk Score

Highlights

Rare opportunity to acquire a purpose-built SouthStar Urgent Care facility in Eunice, LA, featuring 20-years of renewal options.
The subject property is a well-maintained, Class B medical office facility, purpose-built to suit SouthStar Urgent Care's operational needs.
SouthStar Urgent Care is a leading regional operator with 28 locations across Louisiana.
The lease is backed by Shore Capital Partners, a Chicago-based private equity firm, providing strong institutional credit support.
The Eunice trade area demonstrates proven local demand for medical services, with total healthcare spending within a 5-mile radius surpassing $6.6M
The Eunice market benefits from a steadily growing population base, with consistent year-over-year growth since 2020.
Cap Rate: 8.73 %

Major Tenants

Tenant SF Occupied Lease End Date
SouthStar Urgent Care 3,750 SF 12/31/2027

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 33
Type: Surface
Included in Rent: Yes
Cole Koepsell 770-672-5564 Sands Investment Group Atlanta, LLC
Cole Koepsell 770-672-5564 Sands Investment Group Atlanta, LLC