Office Space
104 Railroad Avenue Delta, LA 71233
Details & Description
Price: $850,000
    Marcus & Millichap is pleased to present a high-yield net-leased essential medical office investment opportunity in Delta, Louisiana. The facility is leased by Fresenius Medical Care (NYSE: FMS), the leading provider of renal care globally. The location has been synonymous with providing important health services to the community for over two decades.The clinic was built-to-suit in 1995 as a kidney treatment facility, catering to the needs of the cities of Delta, Louisiana and Vicksburg, Mississippi. The operations of this clinic were acquired by Fresenius in 2005 as part of the Renal Care Group acquisition. The property contains 16 dialysis stations and features a low rent per square foot. The rent has remained the same since the clinic was opened in 1995, making this location attractive to the tenant and difficult to replace.The city of Delta is located on the Louisiana side of the Mississippi River, directly adjacent to the city of Vicksburg which is less than 2 miles away. Within that 2-mile radius are numerous assisted living facilities and regional hospital provider Merit Health. United States Renal data shows End Stage Renal Disease in the state of Louisiana and Mississippi continuing to rise, further highlighting the importance of this treatment center in the years ahead.
    Property Highlights
    Listing Agents
    Scott Gould

    O: 407-557-3824
    scott.gould@marcusmillichap.com
    Christopher Biuso

    O: 407-557-3841
    christopher.biuso@marcusmillichap.com
    Rory Shelby
    Marcus and Millichap
    O: 407-557-3861
    rory.shelby@marcusmillichap.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    104 Railroad Avenue

    Delta, LA 71233

    Listing ID: 275729
    • 104 Railroad Avenue Delta, LA 71233 | for Sale | Photo 1
    • 104 Railroad Avenue Delta, LA 71233 | for Sale | Photo 2
    104 Railroad Avenue | for Sale | Thumbnail 1
    104 Railroad Avenue | for Sale | Thumbnail 2
    Building Size: 7,500 SF
    Lot Size: 0.800 AC
    Land Size: 34,848 SF
    Building $/SF: $113.33
    Land $/SF: $24.39
    Price
    $850,000
    Property Highlights
    High Yield Opportunity
    Low RentSF at $11.00ft.
    Service Area Bound by Certificate of Need Laws
    Description

    Marcus & Millichap is pleased to present a high-yield net-leased essential medical office investment opportunity in Delta, Louisiana. The facility is leased by Fresenius Medical Care (NYSE: FMS), the leading provider of renal care globally. The location has been synonymous with providing important health services to the community for over two decades.

    The clinic was built-to-suit in 1995 as a kidney treatment facility, catering to the needs of the cities of Delta, Louisiana and Vicksburg, Mississippi. The operations of this clinic were acquired by Fresenius in 2005 as part of the Renal Care Group acquisition. The property contains 16 dialysis stations and features a low rent per square foot. The rent has remained the same since the clinic was opened in 1995, making this location attractive to the tenant and difficult to replace.

    The city of Delta is located on the Louisiana side of the Mississippi River, directly adjacent to the city of Vicksburg which is less than 2 miles away. Within that 2-mile radius are numerous assisted living facilities and regional hospital provider Merit Health. United States Renal data shows End Stage Renal Disease in the state of Louisiana and Mississippi continuing to rise, further highlighting the importance of this treatment center in the years ahead.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
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    Delta Area Market Trends

    Listing Demographics for 104 Railroad Avenue Delta, LA 71233

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

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    Common Questions and Answers

    What is the asking price for 104 Railroad Avenue in Delta?
    The asking price for 104 Railroad Avenue is $850,000
    What is the building size of this Office property in Delta, LA?
    The size of the building/unit at 104 Railroad Avenue in Delta is 7,500 square feet
    How much land does the Delta, LA property at 104 Railroad Avenue include?
    104 Railroad Avenue in Delta includes 0.800 acres of land
    What kind of Office is the property at 104 Railroad Avenue?
    The property at 104 Railroad Avenue Delta, LA 71233 is listed as a Medical Office property
    What is the population within 1 mile of 104 Railroad Avenue in Delta?
    The population within 1 mile of 104 Railroad Avenue Delta, LA 71233 is 16 people.
    Who do I contact for questions about 104 Railroad Avenue?
    You should contact the listing agent, Scott Gould, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi) Directions
    Jackson-Medgar Wiley Evers International Airport (JAN) 50
    Monroe Regional Airport (MLU) 66
    Lafayette Regional Airport (LFT) 159