760 S Farmerville St | Ruston, LA 71270
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760 S Farmerville St
Ruston, LA 71270
Fresenius Medical Care | Recent Extension · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Active Clinic – Fresenius is treating a consistent number of 70 – 80 patients
- Minimal competition – Only one other dialysis center located in a 30-mile radius
- Renewal Option - One 5-year option to extend with 3% annual increases in the option period
- Hospital Proximity – Property is strategically located one block from Northern Louisiana Medical Center
- Attractive Annual Rental Increases – 2% increases provide investors with the ability to keep up with the rate of inflation
- Early Lease Extension – The term of the lease is extended by three (3) years, commencing July 1, 2021, and terminating on June 30, 2024
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
7,000 SF
Building Class
C
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.06 AC
PROPERTY TAXES
| Parcel Number | 509 | Improvements Assessment | $102,111 |
| Land Assessment | $5,858 | Total Assessment | $107,969 |
PROPERTY TAXES
Parcel Number
509
Land Assessment
$5,858
Improvements Assessment
$102,111
Total Assessment
$107,969
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