901 Wilson St Lafayette, LA 70503

This exceptional investment opportunity presents a fully occupied, 38,020 square foot medical office building located at 901 Wilson St, Lafayette, LA 70503. The property boasts a 7.04% cap rate and a strong net operating income (NOI) of $777,823, with an asking price of $11,049,424 ($290.62/sq ft). The building consists of one structure housing five suites, currently leased to a diverse group of tenants under NNN leases, ensuring a stable and predictable income stream. Tenants include established medical practices such as the Lafayette Cardiovascular Center of Excellence and Cardiovascular Surgery Center. The 100% occupancy rate reflects the high demand for medical office space in this desirable location. Situated near the University of Louisiana at Lafayette and Ochsner Lafayette, the property benefits from excellent visibility and accessibility. Its proximity to Girard Park and its central location between Johnston St and Evangeline Thwy offer a blend of convenience and a tranquil environment. The property features extensive renovations, making it an attractive option for both investors seeking a stable, high-yield asset and owner-occupants looking to expand their operations and generate additional cash flow. The property's strong tenant base, prime location, and high occupancy rate make it a compelling investment opportunity. The APN is 6039936.