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1911 North Service Road East
Ruston, LA 71270
Asking Price
$3.80M
Asset Type
Retail
Class
Class B
What's Special
Great opportunity in the thriving City of Ruston <p><span style="color: rgba(0, 0, 0, 1)">This is a one of a kind commercial opportunity in Ruston, LA. I-20 location; convenient, high traffic area. Home to one of the most successful businesses in North Louisiana for decades-Northside Furniture. Two buildings. The RETAIL STORE building is 25,000 square feet-approximately 24,000 of showroom and 1,000 sf of office space (6 individual offices); breakroom; electrical/equipment room; security system, sprinkler system; two restrooms, and more. The 9,
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NOI
$80,000
Cap Rate
2.11%
DSCR
0.35
Underwater
Cash-on-Cash
-12.77%
Monthly Payment
$18,800.327
Annual Cash Flow
$-145,603.92
