About this home
INVESTMENT OPPORTUNITY- Fully leased Medical/ Retail Asset with Strong Cash Flow!!! Take advantage of this opportunity to acquire a fully leased commercial investment property located on highly visible Ryan Street in Lake Charles, Louisiana. The property is anchored by Elevate Clinical, a thriving medical tenant with a recently executed 5-year lease, providing stable long-term income. The remaining space is leased to Lux (Restaurant) through 2030, further enhancing the property's dependable cash flow. The Property generates $15,500 per month ($186,000 annually) in NNN rental income, with tenants responsible for their own utilities. Operating expenses remain low, with annual property taxes of approximately $6,900 and general liability/property insurance totaling approximately $22,400. All measurements are more or less.
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Location
Location shown is approximate. The Land & Home Group.
