Fresenius Redevelopment Opportunity in Amite, LA

• GLA: 3,321 SF
• Price/SF: $140
• Lot Size: 30,000 SF
• Lot/SF: $15.50
• Year Built: 1989
• Lease Commencement: 7/31/1997
• Lease Expiration: 7/31/2022
• Excellently-maintained building
• Fresenius no longer occupies the building

InCommercial Property Group is pleased to offer the opportunity to acquire a plug-and-play medical office space at 101 N 1st St in the bustling city of Amite, LA. This 3,321 SF property is being offered for $464,940 at an 13.92% cap rate and has a NN lease structure. Fresenius’ current lease runs through July 31, 2022; however, the company no longer occupies this building, presenting an excellent opportunity to repurpose a well-maintained building and property.