106 Memorial Dr | Paris, TN 38242
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106 Memorial Dr
Paris, TN 38242
Walgreens · Retail Property For Sale
Investment Highlights
- Recent Extension to initial lease term giving initial term of approximately 11 years remaining
- Long Operating History (22+ years), recent lease extension, low rent - all signs of Walgreens long term commitment to the site
- Low Rent ($17.34/SF) well below Walgreens national annual average lease ($20.25/SF)
- Strategically located at signalized intersection that sees over 28,000 vehicles per day
Property Facts
Property Type
Retail
Property Subtype
Building Size
14,636 SF
Building Class
B
Year Built
2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.70 AC
Zoning
B3 - Zoned "Highway Commercial" - current use is approved
Parking
79 Spaces (5.4 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Storage Space
- Air Conditioning
Property Taxes
| Parcel Number | 106O-C-001.00 | Improvements Assessment | $594,840 |
| Land Assessment | $285,440 | Total Assessment | $880,280 |
Property Taxes
Parcel Number
106O-C-001.00
Land Assessment
$285,440
Improvements Assessment
$594,840
Total Assessment
$880,280
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