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2017 Bular St 5,387 SF Office Building Ruston, LA 71270 $1,661,472 CAD ($308.42 CAD/SF) 7% Cap Rate
Executive Summary
Financial Summary (Actual - 2022) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$166,147
|
$30.84
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$166,147
|
$30.84
|
| Taxes |
$12,512
|
$2.32
|
| Operating Expenses |
$33,425
|
$6.20
|
| Total Expenses |
$45,937
|
$8.53
|
| Net Operating Income |
$120,210
|
$22.31
|
Financial Summary (Actual - 2022)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $166,147 |
| Annual Per SF | $30.84 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $166,147 |
| Annual Per SF | $30.84 |
| Taxes (CAD) | |
|---|---|
| Annual | $12,512 |
| Annual Per SF | $2.32 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $33,425 |
| Annual Per SF | $6.20 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $45,937 |
| Annual Per SF | $8.53 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $120,210 |
| Annual Per SF | $22.31 |
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Public Administration
- 5,300 SF
- $31.22 CAD
- Full Service
- Jun 2036
The Social Security Administration began as the Social Security Board in 1935 under the Social Security Act and later adopted its current name in 1946. The agency administers Social Security retirement, disability, and survivors benefits, and it also supports Medicare-related services, identity records, and other public-facing programs through online and in-person channels. Social Security remains a major federal service provider, with a nationwide role that reaches Americans across life stages from first-number issuance to benefit delivery and account management.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Public Administration | 5,300 SF | $31.22 CAD | Full Service | Jun 2036 |
Property Taxes
| Parcel Number | 31263 | Total Assessment | $201,667 CAD (2025) |
| Land Assessment | $66,823 CAD (2025) | Annual Taxes | $12,512 CAD ($2.32 CAD/SF) |
| Improvements Assessment | $134,844 CAD (2025) | Tax Year | 2022 |
Property Taxes
Presented by
Holland Real Estate Group
2017 Bular St
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