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    1113 Service Rd Ruston, LA 71270

    Sponsored
    For Lease
    $22 SF/Yr ($15,389 /Mo)

    High-traffic Ruston retail space available

    Lot size:
    8,394 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 1113 N. Service Rd E in Ruston, Louisiana, offers 8,394 square feet of space in a single, one-story building constructed in 2021. Situated on a 1.31-acre lot zoned B4, this mixed-use property boasts excellent visibility and accessibility, being prominently located on a Super Walmart outparcel facing Interstate 20. Three spaces are currently available, ranging from 1,200 to 3,451 contiguous square feet, with a minimum divisible space of 1,200 square feet. The property benefits from strong co-tenancy with McAlister's Deli and Sally Beauty, and enjoys proximity to a variety of national retailers including Walmart, Lowe's, Dollar Tree, and many others. One available space (Suite 300) is 16' x 73'41/4" and is in shell condition with sheetrock walls and a dirt floor in the rear. Tenant improvement allowances are negotiable. Suite 400 (occupied) can be combined with Suite 300 for a total of 3,451 square feet. Please note that use restrictions apply

    Property Features for 1113 Service Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,394 SF
    Total Rate
    15389

    Building Details

    Year Built
    2021
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 300
    Size
    1,200 SF
    Rate per SF
    $30
    Space
    Suite 300&400
    Size
    3,451 SF
    Rate per SF
    $30
    Space
    Suite: 400
    Size
    2,251 SF
    Rate per SF
    $30

    HighLights

    • High‑visibility pylon sign on Interstate 20.
    • Tenant improvement allowance available.
    • High traffic count of 22,081 vehicles per day (2023 data).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ruston
    County
    Lincoln Parish
    State
    Louisiana
    Longitude
    -92.623944
    Latitude
    32.5407805

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Retail property - High-traffic Ruston retail space available
    Where is this retail property located?
    The property is located at 1113 Service Rd Ruston, LA.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: High-visibility pylon sign on Interstate 20.; Tenant improvement allowance available.; High traffic count of 22,081 vehicles per day (2023 data).
    Request Owner's contact information
    1113 Service Rd Ruston, LA 71270
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    Ruston, LA 71270
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1113 Service Rd Ruston, LA 71270
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