This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

919 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

131 Corporate Dr
Houma, LA 70360

United Healthcare Urgent Care & Pharmacy · Office Property For Sale

Medical Offices Louisiana Houma 131 Corporate Dr, Houma, LA 70360

Investment Highlights

  • Primary Care Plus is operated by United Healthcare Services, Inc., a subsidiary of UnitedHealth Group (NYSE: UNH), the nation's largest insurer
  • Urgent Care Pharmacy will execute a new 10-year Absolute NNN lease upon closing, which will feature 2% annual rent increases and (4) 5-yr options
  • The site benefits from exposure to consumers at nearby national retailers including Walmart, Lowes, Home Depot, Target, HobbyLobby, Marshall’s & Petco
  • Primary Care Plus is currently operated under a 7-year lease, with 5+ years remaining, limited landlord responsibilities, and (5) 3-yr options
  • The Property is located in Houma’s densest concentration of retail, totaling 1.8 million SF and boasting a 99.3% occupancy rate.
  • The Urgent Care Market is estimated to reach around $46.7 billion in revenue this year, growing at a CAGR of 3.1% over the past five years.

Executive Summary

United Healthcare Credit | Urgent Care & Pharmacy | 6.1 Years WALT

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
10,119 SF
Building Class
C
Year Built
2004
Price
$6,301,764 CAD
Price Per SF
$623 CAD
Cap Rate
7.16%
NOI
$451,206 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
10,119 SF
Building FAR
0.20
Lot Size
1.19 AC

PROPERTY TAXES

Parcel Number 10054 Improvements Assessment $229,155 CAD
Land Assessment $31,075 CAD Total Assessment $260,230 CAD

PROPERTY TAXES

Parcel Number
10054
Land Assessment
$31,075 CAD
Improvements Assessment
$229,155 CAD
Total Assessment
$260,230 CAD
 

  • Listing ID: 33923894

  • Date on Market: 2024-11-19

  • Last Updated:

  • Address: 131 Corporate Dr, Houma, LA 70360

The Office Property at 131 Corporate Dr, Houma, LA 70360 is currently available for sale. Contact CBRE for more information.

Nearby Listings

1 of 8
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/8
131 Corporate Dr, Houma, LA for sale Primary Photo- Image 1 of 8
131-Corporate-Dr-Houma-LA-NEW-44
131 Corporate Dr, Houma, LA for sale Building Photo- Image 2 of 8
131-Corporate-Dr-Houma-LA-NEW-26
131 Corporate Dr, Houma, LA for sale Building Photo- Image 3 of 8
MAP
131 Corporate Dr, Houma, LA for sale Building Photo- Image 4 of 8
131-Corporate-Dr-Houma-LA-NEW-37
131 Corporate Dr, Houma, LA for sale Building Photo- Image 5 of 8
131-Corporate-Dr-Houma-LA-NEW-38
131 Corporate Dr, Houma, LA for sale Building Photo- Image 6 of 8
131-Corporate-Dr-Houma-LA-NEW-48
131 Corporate Dr, Houma, LA for sale Building Photo- Image 7 of 8
131 Corporate Dr Houma LA-12

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link