108 W California Ave

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!