Exxon | Ruston, LA
Sands Investment Group is Pleased to Exclusively Offer This Absolute Triple Net Lease Investment Opportunity Located at 100 Woodward Avenue in Ruston, Louisiana.
- Brand New 20 Year Absolute Triple Net (NNN) Lease – Zero Landlord Responsibilities
- 2% Annual Rent Increases
- Guarantor Supplied Over 165 Million Gallons of Fuel to Over 300 Locations During the 12-Month Period (Ended 12/31/2018). Guarantor Generated Over $400 Million in Revenue in 2018 and Operates in Six States: GA, TX, SC, LA, AR & MS. Additional Information on Guarantor is Available Upon Execution of a Confidentiality Agreement
- Strong Store Performance – 2.50 x Rent Coverage
- Four (4) x Five (5) Year Options to Renew
- Weighted Average Cap Rate is 7.60% Over Lease Term
- Located Along Main North-South Artery and Directly Off Interstate 20 – Ruston Exit Sees Over 39,000 Cars Daily
- Hard Corner, Signalized Intersection Adjacent to North Park Mall Shopping Center (Office Depot, Applebee’s, Dollar General and More)
- Strong Demographics – Over 34,000 People Reside in 5-Mile Radius and Ruston is the Largest City in Northern Louisiana
- Less Than 2-Miles From the New 100,00+ SF Hobby Lobby and T.J.Maxx Anchored Center (Anticipated Opening Spring 2019)
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