3420 Lamar Ave 5,183 SF Retail Building Paris, TX 75460 $7,813,850 CAD ($1,507.59 CAD/SF) 4.65% Cap Rate

This offering represents a rare opportunity to acquire a fee simple Chick-fil-A asset in Paris, Texas. Built in 2021, the property includes a 4,990-square-foot building situated on a 2.20-acre parcel. It is encumbered by a long-term, absolute NNN lease with over nine years remaining and features 10% rent escalations every five years. Investors benefit from a passive income stream with zero landlord responsibilities. The lease includes 13 five-year renewal options, extending potential tenancy well beyond 2100, creating a stable income profile for decades.
The property sits adjacent to Paris Towne Center, the most-visited shopping center in Paris, generating 2.4 million annual visits and a 7.5% year-over-year growth rate. Surrounded by national retailers like Walmart, Hobby Lobby, TJ Maxx, Walgreens, and Starbucks, the location ensures consistent traffic. Positioned on Lamar Avenue with visibility to 16,300+ vehicles per day and near NW Loop 286 (27,000+ VPD), the site offers strong connectivity to regional hubs, including Dallas, Tyler, and Texarkana. Texas’ income tax-free environment further enhances investment returns.