Long-Term Leased Specialty
For Sale
$195,000
502 Mickey Gilley Ave, Ferriday, LA 71334
Specialty property with an AT&T lease in place for nearly 20 years, ideal for long-term ownership.
Property Size4,000 SF
Price / SF$48.75
Days on Market73
Property Features for 502 Mickey Gilley Ave
General Information
Standard status
Active
Size
4,000 SF
Taxes and HOA fees
Annual Taxes
$685
Listing Agency:
Paul Green & Associates Realtors
(601) 431-2562
Listed By:
Christy Biddle · License #S48924
(601) 431-2562
Source:
Exprealty
Added: Jun 12
Changed: Aug 20
Last Checked: Aug 23 at 5:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Paul Green & Associates Realtors
Investment Insights
Based on property information with market context.
This for-sale specialty property includes a 4,000 SF building currently leased to AT&T. The tenant relationship has been in place for almost 20 years, and a long-term lease remains active. The property is being offered as a leased asset for buyers looking to acquire a building with an established tenancy.
The property is located at 502 Mickey Gilley Ave in Ferriday, Louisiana. The offering is positioned around the existing lease, with showings available by appointment.
For investors, this structure can fit a strategy focused on purchasing income-producing real estate with a long-term tenant already in place. Prospective buyers should evaluate the current lease terms and schedule a showing to review the property firsthand. If you’re a tenant or operator considering future occupancy, the presence of the active lease means timing and lease obligations should be reviewed prior to underwriting or planning for any change in use.
The property is located at 502 Mickey Gilley Ave in Ferriday, Louisiana. The offering is positioned around the existing lease, with showings available by appointment.
For investors, this structure can fit a strategy focused on purchasing income-producing real estate with a long-term tenant already in place. Prospective buyers should evaluate the current lease terms and schedule a showing to review the property firsthand. If you’re a tenant or operator considering future occupancy, the presence of the active lease means timing and lease obligations should be reviewed prior to underwriting or planning for any change in use.
Key Highlights
- Specialty property with an AT&T lease in place for nearly 20 years.
- Long‑term lease currently in place.
- Property is leased by AT&T for almost 20 years.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
219
Businesses Nearby
Explore this area
Business Placement
Demographics for 71334, LA
8,518
Population
4,020
Households
2.1
Avg Household Size
40
Median Age
19%
College-Educated
82%
High-School Grad
140.1 sq mi
ZIP Area
61
Density / Sq Mi
$33,592
Median Household Income
$32,166
Median Earnings
$666
Median Rent
$80,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Specialty property - Specialty property with an AT&T lease in place for nearly 20 years, ideal for long-term ownership.
Where is this specialty property located?
The property is located at 502 Mickey Gilley Ave Ferriday, LA.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Specialty property with an AT&T lease in place for nearly 20 years.; Long‑term lease currently in place.; Property is leased by AT&T for almost 20 years.
