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507 Clarksville St
Paris, TX 75460
CVS · Retail Property For Sale
Investment Highlights
- The Property possesses ideal net lease fundamentals, highlighted by an absolute NNN structure. CVS takes care of Taxes, Insurance, and all maintenance
- Population growth from 2010-2020 in a 1 mile of the subject property increased by 4.93%.
- Future job growth is expected to skyrocket by 45.7% over the next 10 years in Paris.
- There are approximately 11.5 years remaining on the initial 25-year original lease term.
- In close proximity to Paris Junior College that is home of approximately 7,000 students.
- Texas possesses strong financial incentives for net lease investment, including no state general income tax and no state property taxes.
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,588 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.41 AC
Parking
73 Spaces (6.3 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 15693 | Improvements Assessment | $938,628 |
| Land Assessment | $166,210 | Total Assessment | $1,104,838 |
Property Taxes
Parcel Number
15693
Land Assessment
$166,210
Improvements Assessment
$938,628
Total Assessment
$1,104,838
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