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Chick-fil-A | Land & Building 3420 Lamar Ave 5,183 SF Retail Building Paris, TX 75460 $8,161,603 CAD ($1,574.69 CAD/SF) 4.35% Cap Rate



INVESTMENT HIGHLIGHTS
- Absolute Net - Zero LL Obligations
- Tax Free State
- Double Drive-Through
- Depreciation Available
EXECUTIVE SUMMARY
The Lennox/Massell Companies is pleased to present the opportunity to purchase the fee simple interest in an absolute net Chick-fil-A located in Paris, Texas. The absolute net lease structure offers investors the opportunity to own a completely passive investment with zero landlord responsibilities. The long-term lease, with multiple renewal options and rent increases throughout, demonstrates commitment to the location and confidence in the market.
This Chick-fil-A combines exceptional design, strategic location and unmatched brand-strength. Featuring a modern prototype includes a double drive-through, the site in engineered for maximum efficiency - a critical advantage in today's quick service landscape. The high-traffic location and premium construction quality ensure strong long-term value and consistent customer demand. As one of the nations most sought-after net-lease tenants, Chick-fil-A delivers proven stability, impressive sales performance and enduring community presence.
Situated on Paris's primary retail corridor, Lamar Avenue offers exceptional visibility and strong traffic counts - ranging from 21,000 to 25,000 VPD at the intersection of Lamar Avenue and SE Loop 286. This intersection also includes major traffic drivers and national tenants like Aldi, Walgreens, CVS, Ross Dress For Less, Ulta Beauty, Starbucks and Walmart Supercenter - further strengthening this very dense retail destination.
This Chick-fil-A combines exceptional design, strategic location and unmatched brand-strength. Featuring a modern prototype includes a double drive-through, the site in engineered for maximum efficiency - a critical advantage in today's quick service landscape. The high-traffic location and premium construction quality ensure strong long-term value and consistent customer demand. As one of the nations most sought-after net-lease tenants, Chick-fil-A delivers proven stability, impressive sales performance and enduring community presence.
Situated on Paris's primary retail corridor, Lamar Avenue offers exceptional visibility and strong traffic counts - ranging from 21,000 to 25,000 VPD at the intersection of Lamar Avenue and SE Loop 286. This intersection also includes major traffic drivers and national tenants like Aldi, Walgreens, CVS, Ross Dress For Less, Ulta Beauty, Starbucks and Walmart Supercenter - further strengthening this very dense retail destination.
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
5,183 SF
Building Class
C
Year Built
2021
Price
$8,161,603 CAD
Price Per SF
$1,574.69 CAD
Cap Rate
4.35%
NOI
$355,082 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.17 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 18452 | Improvements Assessment | $1,664,353 CAD |
| Land Assessment | $459,371 CAD | Total Assessment | $2,123,725 CAD |
PROPERTY TAXES
Parcel Number
18452
Land Assessment
$459,371 CAD
Improvements Assessment
$1,664,353 CAD
Total Assessment
$2,123,725 CAD
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Presented by
Lennox Massell Co
Chick-fil-A | Land & Building | 3420 Lamar Ave
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