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Investment Details

Price: $6,964,178 Location: Baton Rouge, LA
Cap Rate: 6.40% Lease Type: NNN
NOI: $445,707 Lease Expiration: March 2037
Demographic Information (5-Mile Radius)
2024 Population: 190,144
2029 Population: 190,144
2024 Average Household Income: $99,622
2024 Median Household Income: $71,582
Contact
Deborah Vannelli, CCIM
deb@upland.com
612.376.4475
Keith Sturm, CCIM
keith@upland.com
612.376.4488

THE CARPENTER HOUSE | ST. JOSEPH HOSPICE

Baton Rouge | Louisiana
Highlights
• St. Joseph Hospice is on a NNN Lease with 12 years remaining.
• The Carpenter Health Network is a well-established healthcare operator with 38 locations.
• Strategically located by to Our Lady of the Lake Regional Medical Center (900 beds).
• Excellent demographics of a 5 mile population of 190,144 and 5 mile avg. household income of $99,622
• Net lease investment portfolio includes land, building, & long term lease. Business is not for sale.
• St. Joseph Hospice sits close to Interstate 10 which has 180,587 VPD.

THE CARPENTER HOUSE | ST. JOSEPH HOSPICE

Baton Rouge | Louisiana

Highlights
• St. Joseph Hospice is on a NNN Lease with 12 years remaining.
• The Carpenter Health Network is a well-established healthcare operator with 38 locations.
• Strategically located by to Our Lady of the Lake Regional Medical Center (900 beds).
• Excellent demographics of a 5 mile population of 190,144 and 5 mile avg. household income of $99,622
• Net lease investment portfolio includes land, building, & long term lease. Business is not for sale.
• St. Joseph Hospice sits close to Interstate 10 which has 180,587 VPD.

Investment Details

Price: $6,964,178
Location: Baton Rouge, LA
Cap Rate: 6.40%
Lease Type: NNN
NOI: $445,707
Lease Expiration: March 2037
Demographic Information (5-Mile Radius)
2024 Population: 190,144
2029 Population: 190,144
2024 Average Household Income: $99,622
2024 Median Household Income: $71,582
Contact
Deborah Vannelli, CCIM
deb@upland.com
612.376.4475
Keith Sturm, CCIM
keith@upland.com
612.376.4488

©2015 Upland Real Estate Group, Inc. All rights reserved. Upland Real Estate Group, Inc.
50 South 6th Street | Suite 1418
Minneapolis | MN | 55402
Main: 612.332.6600 | Fax: 612.376.4489
©2015 Upland Real Estate Group, Inc. All rights reserved.
Upland Real Estate Group, Inc.
50 South 6th Street | Suite 1418
Minneapolis | MN | 55402
Main: 612.332.6600 | Fax: 612.376.4489