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Investment Details

Price: $5,461,905 Location: Denham Springs, LA
Cap Rate: 6.40% Lease Type: NNN
NOI: $349,561 Lease Expiration: March 2037
Demographic Information (5-Mile Radius)
2024 Population: 71,832
2029 Population: 75,214
2024 Average Household Income: $94,867
2024 Median Household Income: $78,945
Contact
Deborah Vannelli, CCIM
deb@upland.com
612.376.4475
Keith Sturm, CCIM
keith@upland.com
612.376.4488

SAGE SPECIALTY HOSPITAL

Denham Springs | Louisiana
Highlights
• Sage Specialty Hospital is on a NNN lease with 12 years remaining and 2% annual increases.
• The Carpenter Health Network is a well-established healthcare operator with 38 locations.
• Sage Specialty Hospital is located near Highway 190 where traffic counts average 74,022 vehicles.
• 1-mile average household income of $94,013 and 5-mile population of 71,832.
• Located approximately 6 miles from Our Lady of the Lake Regional Medical Center with 900+ beds.

SAGE SPECIALTY HOSPITAL

Denham Springs | Louisiana

Highlights
• Sage Specialty Hospital is on a NNN lease with 12 years remaining and 2% annual increases.
• The Carpenter Health Network is a well-established healthcare operator with 38 locations.
• Sage Specialty Hospital is located near Highway 190 where traffic counts average 74,022 vehicles.
• 1-mile average household income of $94,013 and 5-mile population of 71,832.
• Located approximately 6 miles from Our Lady of the Lake Regional Medical Center with 900+ beds.

Investment Details

Price: $5,461,905
Location: Denham Springs, LA
Cap Rate: 6.40%
Lease Type: NNN
NOI: $349,561
Lease Expiration: March 2037
Demographic Information (5-Mile Radius)
2024 Population: 71,832
2029 Population: 75,214
2024 Average Household Income: $94,867
2024 Median Household Income: $78,945
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