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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31578076

3842 Lamar Ave, Paris, TX 75462

SD
OK 202611
NAI Red
NW
OK 171981
NAI Red
Listed by NAI Red
$3,323,278
58 days on market
Updated 52 days ago

Shoppes of Paris

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 16,000
Cap Rate 7%
NOI $232,630
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $208
Year Built 2007
Buildings 1
Stories 1
Acreage 2.800
Zoning Commercial

4 Tenant Strip Center For Sale-7% CAP RATE

Marketing description

  • Cap Rate: 7.00%
  • NOI: $232,629.52
  • STRONG BRANDS: 2 out of the 4 tenants are national brands and 1 is regional credit
  • PROXIMITY: Shoppes of Paris is located across the street from a Walmart Super Center- the most visited retailer in the market (per Placer AI)

Listing Contacts

SD
OK 202611
NAI Red
NW
OK 171981
NAI Red
Listed by NAI Red

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$232,630.00
$19,385.83/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

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