NNN Pro is pleased to present the exclusive listing for the Take 5 Oil Change located at 3810 Lamar Ave, Paris, TX. The subject property totals approximately 1,944 rentable square feet of building space on a total estimated 0.30-acre parcel of land. The investment is subject to a 20-year absolute triple-net (NNN) lease which commenced in August of 2023 – there are over 19 years remaining. The annual rent will be $111,650 and is scheduled to increase by 1.50% annually throughout the base term and in each of the four, five-year option periods.
✓ Long-Term, 20-Year Absolute Triple Net (NNN) Lease
✓ Attractive Rental Increases | 1.50% Annually
✓ Ideal Automotive Service Fundamentals | In Path of Progress Outside Dallas|Excellent Visibility Along Lamar Ave
✓ Located Directly Opposite a Walmart Super Center
✓ Very Strong Unit Level Sales at this Location
✓ Phenomenal Traffic Counts | Over 20,000 and 25,600 Vehicles Per Day Along Lamar Ave and SE Loop 286, Respectively
✓ This Property Qualifies for Accelerated Depreciation *Consult Tax Advisor
✓ Texas – Income Tax Free State
