1001 COOKTOWN RD RUSTON LA 71270-3113
Newly constructed dual drive-thru 7 Brew Coffee in Brownwood, Texas, offered at $1,683,000 at a 6.00% cap ($101,000 NOI). The single-tenant asset is secured by a 15-year absolute NNN ground lease with 10% rent increases every five years and zero landlord responsibilities. The structure is fully passive and management-free, which suits out-of-state and 1031 buyers.
Built in 2025, the 510 SF building sits on a 44,431 SF (1.02-acre) C-1 parcel with 12 parking spaces along Commerce Street (US-84/US-377), Brownwood's primary commercial corridor. The trade area is anchored by Walmart Supercenter, Home Depot, and United Supermarkets, with neighboring national QSR brands such as Chick-fil-A, McDonald's, Whataburger, and Starbucks. About 36,000 residents live within ten miles.
- 15-year absolute NNN ground lease with zero landlord responsibilities
- 10% rent increases every five years
- New 2025 construction, dual drive-thru
- Leased-fee ownership; passive, 1031-eligible income
- Anchored corridor alongside Walmart Supercenter and Home Depot
- --
- *ACTUAL SUMMARY FOR THE PROVIDED RECORD:**
- Mixed-use office and retail property at the entrance of Louisiana Tech University in Ruston, Louisiana, offered at $499,000. The 3,300 SF building on a 19,282 SF (0.44-acre) corner lot at 1001 Cooktown Road features a large open workspace/showroom, four offices, breakroom, two restrooms, and storage. Built in 1985, the B-4 Highway Business zoned site provides approximately 128 feet of frontage on Cooktown Road with additional access from Edwards Drive.
- The location benefits from immediate proximity to Louisiana Tech's 12,000-student campus and Joe Aillet Stadium (28,562 seating capacity). The surrounding trade area includes Ruston Marketplace anchored by Hobby Lobby, T.J.Maxx, ULTA Beauty, Five Below, and Rack Room Shoes, plus numerous restaurants and national QSR brands. JP Morgan Chase operates a 50,000 SF regional operations facility nearby, and Buc-ee's is coming soon to the area.
- Highlights:
- Corner lot with 128 feet of Cooktown Road frontage
- Adjacent to Louisiana Tech University campus (12,000+ students)
- Flexible mixed-use layout: open showroom/workspace plus four private offices
- B-4 Highway Business zoning supports diverse commercial uses
- Strong anchors nearby: Ruston Marketplace, JP Morgan Chase facility, incoming Buc-ee's
More property details
Location
Site is located at the entrance of Louisiana Tech University (+12,000 students) and Joe Aillet Stadium at 1001 Cooktown Rd (Tech Drive) in Ruston, LA. This corner lot provides approximately 128’ fronting Cooktown Rd with a depth of +/- 176’’. Additional access available to site from Edwards Drive. The office / retail building features a large open workspace / showroom, 4 offices, breakroom, 2 restrooms and storage area. This site offers a variety of commercial uses.
- Restaurants: Starbucks, 7 Brew, Flying Burger & Seafood, Smoothie King, Dillas
- Quesdillas, Domino’s Pizza, Subway, Waffle House, Johnny’s Pizza House,
- Louisiana Tech University - +12,000 Students (as of Fall 2025)
- Joe Aillet Football Stadium - 28,562 Seating Capacity
- Temple Baptist Church - 575 Average Weekly
- Ruston Marketplace - Hobby Lobby, T.J.Maxx, ULTA Beauty, Five Below, and Rack
- Room Shoes
- J P Morgan Chase Bank 50,000 sf operations facility providing custodial,
- archiving, & loan services for the Southeastern US region.
- Coming Soon: Buc-ee’s