2801 W California Ave - Freestanding FOR SALE


Ruston, LA 71270
$2,165,100 USD
972-375-3437
2801 W California Ave, Ruston, LA for Sale
$2,165,100 USD
Freestanding - FOR SALE
1/6
null | 6.75% Cap Rate

2801 W California Ave
Ruston, LA 71270


HIGHLIGHTS

  • Brand New 15 Year Absolute NNN Lease with 5% Increases Every 5 Years, Upgraded “All Brick” Construction, Planned Opening August of 2025
  • Ruston (population: 21,500) is a college town, home to Louisiana Tech University (12,800 students) and close proximity to Grambling State University -
  • Grambling State University (5,200 Student) is a public historically black university in Grambling, Louisiana
  • Larger format Dollar General “Plus” store: Combines Includes additional fresh produce, dairy products, fresh meat, and bakery items.
  • -Dollar General: S&P BBB+ Rated, publicly trades on New York Stock Exchange as symbol DG | Market capitalization exceeds $20 Billion

OVERVIEW

-Brand New 15 Year Absolute NNN Lease with 5% Increases Every 5 Years, Upgraded “All Brick” Construction, Planned Opening August of 2025 -Ruston (population: 21,500) is a college town, home to Louisiana Tech University (12,800 students) and close proximity to Grambling State University (5,200 students) -Louisiana Tech or La. Tech (student population: is designated as a Tier One national university by the 2018 U.S. News & World Report college rankings, it is the only Tier One national university in the nine-member University of Louisiana System. -Grambling State University (5,200 Student) is a public historically black university in Grambling, Louisiana, United States. Grambling State is home of the Eddie G. Robinson Museum and is listed on the Louisiana African American Heritage Trail. Grambling State is a member-school of the University of Louisiana System and Thurgood Marshall College Fund. -Larger format Dollar General “Plus” store: Combines Includes additional fresh produce, dairy products, fresh meat, and bakery items. -Dollar General: S&P BBB+ Rated, publicly trades on New York Stock Exchange as symbol DG | Market capitalization exceeds $20 Billion

FOR SALE DETAILS

PRICE

$2,165,100 USD

PRICE/SF

$203 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NEW ALL BRICK DOLLAR GENERAL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.56 AC

LAND SF

111,514 SF

ZONING

-

APN/PARCEL ID

8185

ASK ABOUT THIS PROPERTY

Gavin KamNNN Retail AdvisorsMore Info
972-375-3437

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Gavin KamNNN Retail AdvisorsMore Info
972-375-3437

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.