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31872284
31873280

1635 BONHAM ST, PARIS, TX 75460-3819 For Sale

BB
TX 701472, OH BRK.200900214 (+21)
Bang Realty
KD
AZ SA700457000
Echo West Capital Advisors
TW
AZ SA630681000
Echo West Capital Advisors
RM
AZ AZ SA649495000
Echo West Capital Advisors
Listed by Bang Realty, Echo West Capital Advisors
$1,538,400
89 days on market
Updated 84 days ago
Opportunity zone

Big Brand Tire & Service

Details
APN 20898
Property Type Retail
Sub Type Auto Shop
Square Footage 15,010
Net Rentable (SqFt) 15,010
Units 1
Cap Rate 6.50%
NOI $100,000
Occupancy 100%
Tenancy Single
Brand/Tenant AutoZone, Advanced Auto Parts (+10)
Lease Type NN+
Lease Term 15
Lease Expiration 07/25/2040
Remaining Term 14
Rent Bumps Yes
Lease Options 3 x 5 Year
Year Renovated 2026
Acreage 1.220
Investment Type Net Lease
Lease Commencement 07/25/2025
Ground Lease No
Sale Condition 1031 exchange

Big Brand Tire & Service | 18-Bay Auto Facility | Proven Sales Performance

Investment highlights

Established Location with Strong Pre-Acquisition Sales Performance

Prior to its acquisition by Big Brand Tire & Service, this site operated as Hicks Muffler & Tire for over 50 years, building a long-standing reputation as one of the most productive independent automotive service providers in Northeast Texas. At the time of acquisition, the business was delivering very impressive annual sales, underscoring both a loyal customer base and sustained demand within the surrounding market.

(Please inquire with broker for additional details.)

Long-Term Lease with Passive Ownership Structure

The property is secured by a 15-year lease with Big Brand Tire & Service starting in July of 2025, with over 14 years remaining. Landlord responsibilities are minimal, limited mainly to structural capital items, while the tenant covers taxes, utilities, insurance, and day-to-day maintenance, creating a passive, income focused investment with stable long-term cash flow.

Corporate Guarantee from a Leading National Operator Aggressively Expanding in Texas | 350 Locations Nationwide

The lease is guaranteed by MAJCO LLC d/b/a Big Brand Tire & Service, the sixth-largest independent tire and service operator in the U.S., backed by Percheron Capital. The company has expanded from 21 California locations to over 350 across multiple states in just four years, reflecting rapid national growth. Big Brand added 100 locations in the last 12 months alone and the CEO has publicly committed to reaching 1,000 locations within the next three and a half years, supported by a $1.6 billion Percheron Capital recapitalization. Texas is a priority expansion market, and the Paris location represents one of Big Brand’s earliest Northeast Texas commitments, selected for its 53-year operating history and proven trade area demand.

53-Year Operating History | Consistently Proven, High-Volume Demand

The site operated for 53 years as Hicks Muffler & Tire before acquisition, establishing strong community ties and consistent demand in the Paris market. It previously generated strong annual sales, and Big Brand selected it as a strategic entry point into Northeast Texas due to its proven performance.

EXCEPTIONAL FACILITY SCALE | 18-BAY OPERATION ACROSS A 15,000+ SQUARE

FEET FOOTPRINT

The property includes two buildings totaling ~15,010 SF on 1.224 acres, operating as an 18-bay full-service automotive facility. It supports mechanical repair, exhaust, and tire services for retail and fleet customers, and is competitively priced relative to replacement cost in the Paris market.

SIGNIFICANT RECENT CAPITAL INVESTMENT | TENANT IMPROVEMENTS

The property has been extensively upgraded with a new showroom, renovated restrooms, updated exterior finishes, a new parking lot, LED lighting and electrical upgrades, and other improvements. These reduce near term capital needs and reflect Big Brand’s long-term commitment to the site.

Paris, TX — Stable Regional Hub with Diversified Economic Base

Paris, the Lamar County seat about 105 miles from Dallas, serves as the regional hub for a multi county area with a diversified economy including manufacturing, healthcare, agriculture, education, and retail. It is home to Paris Junior College, Paris Regional Medical Center, and major manufacturing employers, with access via Loop 286 and Cox Field Municipal Airport.

Listing Contacts

BB
TX 701472, OH BRK.200900214 (+21)
Bang Realty
KD
AZ SA700457000
Echo West Capital Advisors
TW
AZ SA630681000
Echo West Capital Advisors
RM
AZ AZ SA649495000
Echo West Capital Advisors
Listed by Bang Realty, Echo West Capital Advisors

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$100,000.00
$8,333.33/mo

Valuation Metrics

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DSCR
6.5%
Cap Rate
6.5%
ROI

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Additional Information

Name
Brian Brockman
License
701472
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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