108 W California Ave Active

Ruston,LA 71270

$ 5050000

- Bed

- Bath

14550 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 14,550 sqft

Price per Sqft $347

Subdivision Rural Tract (No Subd)

MLS Listing ID 2025002254

Lot Size 1.600 Acres

Property Sub-Type Commercial

Property Description

This prime commercial property presents a rare investment opportunity in Ruston, Louisiana, offering long-term stability with an absolute NNN lease in place with 8 years left and 50 years in options remaining. With zero landlord responsibilities, this property provides effortless income generation. Positioned on a hard signalized corner, it benefits from high visibility with approximately 25,000 vehicles per day. This rare property is surrounded by major national retailers such as Walmart, Family Dollar, KFC, and Jimmy John's, the property is in a thriving retail corridor. It is also one mile from Louisiana Tech University, home to over 12,000 students, and within close proximity to Northern Louisiana Medical Center, Ruston Surgical Center, and Ruston Regional Specialty Hospital, ensuring a steady customer base. Additionally, the site is just south of Ruston's 18-block historic downtown district, a vibrant economic and cultural hub. As an absolute NNN lease, this property offers a truly passive investment with no management responsibilities. This high-performing retail asset combines an exceptional location with a nationally recognized tenant, making it an ideal opportunity for investors seeking consistent returns.This property would make a great 1031 exchange. Contact listing agent today for more details on this exclusive offering!

Location

State LA

County Lincoln

Interior

Heating Central

Cooling Central Air

Exterior

Exterior Feature None

Utilities Available Natural Gas Not Available

Roof Type Tar/Gravel

Building

Lot Description Corner Lot

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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