For Sale
$1,395,000

42124 Veterans AveHammond, LA 70403

High-yield medical office, prime location.

Overview

Added:
Feb 3
Days on market:
60
This exceptional 5,127 square foot freestanding commercial building presents a lucrative investment opportunity in Hammond, Louisiana. Located on a 1.05-acre corner lot at 42124 Veterans Avenue, this property boasts unparalleled visibility and accessibility. Situated within Hammond's thriving medical corridor, it enjoys a strategic position adjacent to the North Oaks Surgery Center and directly across the street from the main North Oaks campus. Currently, the building houses one medical tenant, the CARD Center for Autism & Related Disorders, generating a strong income stream with a capitalization rate of approximately 6.25%. The building's design allows for flexible occupancy, accommodating either one or two tenants. Two separate entrances are available, providing individual access for each tenant if desired. The high-traffic location and proximity to major medical facilities ensure consistent demand and strong rental potential. This property offers a rare combination of prime location, existing income, and development flexibility, making it an ideal investment for discerning buyers seeking a stable and appreciating asset in a growing market. Serious inquiries only. Please refrain from contacting the tenant directly.

Property Details for 42124 Veterans Ave

Property type
Square Feet
5,127 SF
Year Built
2010
Lot Size (sq. ft)
45,738 SF

Location Insight

City
Hammond
County
Tangipahoa
State
Louisiana
Latitude
30.46892
Longitude
-90.45676
42124 Veterans Ave, Hammond, Louisiana

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
42124 Veterans Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message