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3601 Lamar Ave
Paris, TX 75460
Walgreens · Retail Property For Sale
PROPERTY FACTS
ABOUT 3601 LAMAR AVE , PARIS, TX 75460
The 13,605 square foot Walgreens benefits from its location at the corner of a signalized intersection. The property is also ideally positioned along Highway 82 (20,994 VPD) and just off of NE Loop 286 (26,253 VPD). The property is adjacent to Walmart Supercenter and near other retailer including Home Depot, Hobby Lobby, ALDI, Bealls, Belk, McDonald’s and Starbucks. The property is also near Paris Junior College (6,990 students), Crockett Middle School (507 students), and Aikin Elementary (950 students) which drives continual traffic to the trade corridor. The Walgreens lease expires September 30, 2027 and features ten 5-year renewal option periods. Walgreens is the largest drug retailing chain in the United States and has over 8,175 locations in the U.S.A. Walgreens is publicly traded on the New York Stock Exchange (WBA) with a market capitalization in excess of $47 billion. Both Walgreen Co. and Walgreens Boots Alliance, Inc. are investment grade rated each with a Standard & Poor’s rating of BBB.
PROPERTY TAXES
| Parcel Number | 39585 | Improvements Assessment | $1,006,710 |
| Land Assessment | $762,130 | Total Assessment | $1,768,840 |
PROPERTY TAXES
