NNN-Leased Medical Office Investment with LCMC

Investment Overview

Now for sale, 829 Barataria Blvd offers a ±3,523 SF fully leased medical office situated on ±0.69 acres. The property is occupied by Manning Family Children's Pediatrics, a pediatric primary care clinic serving families across the Westbank. The clinic operates under LCMC Health, a New Orleans-based nonprofit health system with eight hospitals, 18,000 employees, and +2,800 board-certified physicians, reporting roughly $3.9 billion in total revenue in 2025. The facility underwent a full clinic renovation in 2017 and has maintained continuous occupancy since that time. The site offers dual access from Barataria Blvd and Avenue G along with ample on-site parking. Structured as a NNN lease, the tenant is responsible for property taxes, flood insurance, utilities, and most maintenance, resulting in minimal landlord responsibilities. The offering presents a 7.46% cap rate, providing a stable, income-producing investment backed by a strong regional healthcare operator.