Property Listing No Longer Available for Sale

400 N Trenton St, Ruston, LA

Office for Sale - $1,500,000


Property Info

CIMLS#879357
Location
  400 N Trenton St
  Ruston LA 71270
UpdatedApril 16th, 2017
TypeOffice
Price$1,500,000

Property Description

16,919 SF two level office building for sale in the heart of downtown Ruston, LA.


The building sits on an entire downtown block totaling 2.07 acres with 300 ft of frontage on 4 major arteries: North Trenton Street (south bound traffic), North Vienna Street (north bound traffic), East Georgia Avenue and East Florida Avenue. The parking lot contains 85 parking spaces.


JP Morgan Chase Bank, N.A. occupies the 1st floor containing 8,365 SF (8,112 Rentable), the 2nd floor was previously occupied by Stonetrust Management Services but has recently become available for lease containing 7,313 SF (5,852 Rentable), and the basement includes a mechanical room and storage room containing 1,241 SF.


JP Morgan Chase Bank, N.A. is currently under a 15 yr lease agreement with a Commencement Date of August eighth, 2007 and an Expiration Date of August 31, 2022, with an additional 4 - 10yr renewal terms. The lease contains annual rent increases based on the Consumer Price Index (CPI). Please contact agent for P&L.


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