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2017 Bular St
5,387 SF Office Building Ruston, LA 71270 $1,400,000 ($260/SF) 6% Cap Rate
Executive Summary
Financial Summary (Actual - 2022) |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $120,000 | $22.28 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $120,000 | $22.28 |
Taxes | $9,037 | $1.68 |
Operating Expenses | $24,141 | $4.48 |
Total Expenses | $33,178 | $6.16 |
Net Operating Income | $86,822 | $16.12 |
Financial Summary (Actual - 2022)
Gross Rental Income | |
---|---|
Annual | $120,000 |
Annual Per SF | $22.28 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $120,000 |
Annual Per SF | $22.28 |
Taxes | |
---|---|
Annual | $9,037 |
Annual Per SF | $1.68 |
Operating Expenses | |
---|---|
Annual | $24,141 |
Annual Per SF | $4.48 |
Total Expenses | |
---|---|
Annual | $33,178 |
Annual Per SF | $6.16 |
Net Operating Income | |
---|---|
Annual | $86,822 |
Annual Per SF | $16.12 |
Property Facts
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Public Administration
- 5,300 SF
- $22.64
- Full Service Gross
- Jun 2036
Social Security provides financial protection for the nation’s people, supporting Americans throughout all of life’s journeys. They administer retirement, disability, survivor, and family benefits, and enroll individuals in Medicare. They also provide Social Security Numbers, which are unique identifiers needed to work, handle financial transactions, and determine eligibility for certain government services. Social Security provides retirement income for almost every American worker. They also administer Supplemental Security Income (SSI) to some individuals over a certain age who have limited income and resources. With retirement, disability, and survivors benefits, Social Security is one of the most successful anti-poverty programs in the nation's history. Social Security is committed to helping maintain the basic well-being and protection of the people they serve. They pay benefits to millions of people including retirees, children, widows, and widowers.
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
Public Administration | 5,300 SF | $22.64 | Full Service Gross | Jun 2036 |
PROPERTY TAXES
Parcel Number | 31263 | Total Assessment | $109,304 (2023) |
Land Assessment | $26,375 (2023) | Annual Taxes | $9,037 ($1.68/SF) |
Improvements Assessment | $82,929 (2023) | Tax Year | 2022 |
PROPERTY TAXES
Presented by
Holland Real Estate Group
2017 Bular St
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