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1052 Mineral Wells Ave 2,250 SF Retail Building Paris, TN 38242 $1,086,865 CAD ($483.05 CAD/SF)
Executive Summary
Great commercial investment opportunity! DBA Valvoline Instant Oil Change. The property is being offered for sale subject to the current lease and tenants rights. There is a remainder of 14 years on the current triple net lease. The current gross annual income is $39,684.00. Annual rents increase every 5 years at a rate of 5% for the remainder of the lease term.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,250 SF
Building Class
B
Year Built
2003
Price
$1,086,865 CAD
Price Per SF
$483.05 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.51 AC
Zoning
B1 - Business District
Frontage
107’ on Mineral Wells Ave
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 106J-B-020.00 | Improvements Assessment | $121,567 CAD |
| Land Assessment | $73,709 CAD | Total Assessment | $195,276 CAD |
Property Taxes
Parcel Number
106J-B-020.00
Land Assessment
$73,709 CAD
Improvements Assessment
$121,567 CAD
Total Assessment
$195,276 CAD
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1052 Mineral Wells Ave
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