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Demographic Information (5-mile radius)
157,281
154,619
$91,081
$63,583

Capitol House Nursing & Rehab Center

Capitol House Nursing & Rehab Center 11546 Florida Blvd, Baton Rouge, LA, 70815
$8,555,990
  • Type: Medical
  • Availability: Available
  • Tenancy: Single Tenant
  • Cap Rate: 6.40%
  • NOI: $547,583.33
  • Lease Type: NNN
  • Lease Expiration: March 17, 2037
  • Tenant: CHP Properties LLC
  • Rent Increases: 2% Annual Increases

Property Highlights

  • Capitol House Nursing & Rehab Center is on a NNN Lease with 11 Years, 9 Months remaining and 2% annual increases.
  • As a part of The Carpenter Health Network’s continuum of care, Capitol House Nursing & Rehabilitation provides specialized care according to individuals’ evolving needs. From short-term rehabilitation to long-term care, our team is available around the clock to assist with everyday needs and provides emergency support when necessary. Mid-day or midnight, our residents can rest assured that a compassionate caregiver is always nearby.
  • The Carpenter Health Network is a well-established healthcare operator with 38 locations across the south in Texas, Arkansas, Louisiana, Mississippi, Alabama, and Florida.
  • Located near Our Lady of the Lake Regional Medical Center (900 beds), one of the 25 largest hospitals in the country and one of only three Level I trauma centers in Louisiana. Other hospitals near the property include Baton Rouge General Medical Center (600 beds), Ochsner Medical Center (760 beds), and more.
  • Excellent demographics of a 5 mile population of 159,351 average household income of $84,022.
  • Nestled along the majestic Mississippi River, Baton Rouge is the capital and the second largest city of Louisiana.
  • This property is located near Interstate 12 where traffic counts average 144,045 vehicles per day.
  • Louisiana State University (LSU), a renowned research institution with over 30,000 students, is located only 6 miles away from the property.

Property Summary

The Capitol House Nursing & Rehab Center property is in close proximity to Our Lady of the Lake Regional Medical Center, a 900 bed hospital & one of the 25 largest hospitals in the country and one of only three Level I trauma centers in Louisiana. Baton Rouge has significant presence in the medical industry in Baton Rouge, other hospitals near the property include Baton Rouge General Medical Center (600 beds), Ochsner Medical Center (760 beds), and more all receiving awards for their work. Baton Rouge is also home to Louisiana State University, where approximately 32,500+ students are enrolled. Louisiana State University offers a wide range of programs with over 76 bachelor’s degrees and strong programs in engineering, agriculture, and business.

Contact

Deborah Vannelli, CCIM
612.376.4475
[email protected]

Keith A. Sturm, CCIM
612.376.4488
[email protected]

Amanda Leathers
612-436-0045
[email protected]