108 W California Ave - Drug Store FOR SALE
Ruston, LA 71270 |
$4,194,211 USD
732-832-5414
108 W California Ave
Ruston, LA 71270
HIGHLIGHTS
- List price of $4,194,211 yielding a 9.50% cap rate
- Over 7.25 Years Remaining on the primary lease term including fifty, one-year options to extend.
- Absolute NNN Lease – With zero landlord responsibilities, providing investors with a management free investment.
- Sales Reporting Location – Contact broker for details.
- 2007 built-to-suit construction for Walgreens – 14,550 square foot building equipped with a double drive thru situated on a 1.61 acre parcel
- In the heart of Ruston’s central business district (CBD), the property is located in a highly walkable area surrounded by other national tenants.
FOR SALE DETAILS
PRICE
$4,194,211 USD
PRICE/SF
$288 USD /SF
CAP RATE
9.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Walgreens
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
42
LAND DETAILS
LAND ACRES
1.6 AC
LAND SF
69,696 SF
ZONING
-
APN/PARCEL ID
3714
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
732-832-5414
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
732-832-5414
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
