5420 Old Scenic HwyZachary, LA 70791

Property Details for 5420 Old Scenic Hwy

Year built

2000

Property size (Sq ft)

2,294 SF

Property type

Specialty properties

Property subtype

Retail properties

Description

Exceptional investment opportunity in Zachary, Louisiana, featuring a 2,294 square foot medical office building situated on 5420 Old Scenic Hwy. This single-tenant, 100% occupied property boasts a desirable location with 113.36 feet of frontage along Old Scenic Highway, offering excellent visibility. Built in 2000, the building comprises two single-story structures and is zoned CN-Neighborhood Commercial. Currently leased as a residential group home, the property will be vacant in June 2024, presenting a unique opportunity for repositioning. The building includes a sprinkler system, three bedrooms, two bathrooms, a laundry room, storage garage, car garage, and an outdoor kitchen. Interior upgrades include solid ADA-accessible doors. The property is backed by the established Fennwood neighborhood and features mature oak trees. An adjacent 1.02-acre flag lot is available for potential expansion (sold separately). The asking price is $399,000, and the property is offered as a Net Net Net (NNN) lease. APN is 016-3421-6. This property is ideal for investors seeking a strong return in the healthcare or senior housing sectors.

Location Insight

City

Zachary

County

East Baton Rouge Parish

State

Louisiana

Latitude

30.6614

Longitude

-91.1911

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