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2895 Lewis Ln 5,436 SF Office/Medical Condo Unit Offered at $2,200,000 in Paris, TX 75460
Investment Highlights
- NNN-leased property for sale
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 53 |
| Cap Rate | 5.68% |
| Sale Type | Investment |
| Cap Rate | 5.68% |
| No. Parking Spaces | 53 |
Description
Single-tenant medical office building for sale. New 10-year lease in place starting August 1, 2025. Across the street from the Paris Regional Medial Center. Built in 2019 on one acre with 1.1 acre adjacent land available (priced separately). 9.7 parking spaces per 1,000 SF - 53 spaces.
Sale Notes
Investment sale of one of the nicest medical office buildings in Paris with a brand new 10-year lease. It's a free-standing building with lots of parking.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 5,436 SF | Office/Medical | $2,200,000 ($404.71/SF) | $125,028 |
Unit 1
| Unit Size |
| 5,436 SF |
| Condo Use |
| Office/Medical |
| Price |
| $2,200,000 ($404.71/SF) |
| NOI |
| $125,028 |
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Unit 1
| Unit Size | 5,436 SF |
| Condo Use | Office/Medical |
| Price | $2,200,000 ($404.71/SF) |
| NOI | $125,028 |
| Sale Type | Investment |
| Cap Rate | 5.68% |
| No. Parking Spaces | 53 |
| Description | |
| Single-tenant medical office building for sale. New 10-year lease in place starting August 1, 2025. Across the street from the Paris Regional Medial Center. Built in 2019 on one acre with 1.1 acre adjacent land available (priced separately). 9.7 parking spaces per 1,000 SF - 53 spaces.</li></ul> | |
| Sale Notes | |
| Investment sale of one of the nicest medical office buildings in Paris with a brand new 10-year lease. It's a free-standing building with lots of parking.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 5,436 SF | Year Built | 2019 |
| Property Type | Office (Condo) | Tenancy | Single |
| Property Subtype | Medical | Lot Size | 1.00 AC |
| Building Class | A | Parking Ratio | 9.7/1,000 SF |
| Floors | 1 | Opportunity Zone |
Yes
|
| Typical Floor Size | 5,436 SF | ||
| Zoning | F1 - Commercial | ||
| Total Building Size | 5,436 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | A |
| Floors | 1 |
| Typical Floor Size | 5,436 SF |
| Year Built | 2019 |
| Tenancy | Single |
| Lot Size | 1.00 AC |
| Parking Ratio | 9.7/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | F1 - Commercial |
1 1
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
20/100
Major Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Special Health Resources |
99,999 SF SF
|
Jan 0000
|
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Contact the Sale Advisor
2895 Lewis Ln