2601 McDonald Ave, Ruston, LA 71270

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Building Details:

• Year Built: 1960

2601 McDonald Ave is located in Ruston, LA.

Property is located at 2601 McDonald Avenue in Ruston, Louisiana, just south of I-20’s Exit #86, 25 miles away from the nearest commercial airport and 2 miles away from Ruston’s Municipal Airport. Property is a 150,000 sq. ft. manufacturing/warehouse facility, formerly occupied by Willamette Industries. There is an “Active” Interior, 1,800 ft. long railroad spur on the property. The building has 2 dock-high truck doors, an eave height of 20 ft, paved parking for 125 vehicles, approximately 2,500 sq. ft. of office space, 2 large “kilns” (valued at $162,500 each), has been well-maintained and is ready for occupancy. There is an additional 2± acres of land on the east side for future development. The building is equipped with 480-phase electrical wiring, is served by all local
Ruston utilities, and has no known environmental issues. The current tenant has an active lease with 9 years remaining. The tenant’s $15,300 per month payments equal to a 9% CAP rate. This property can be purchased as an income producing investment property, sub-leased, or owner-occupied.