650 Bonham St
Paris, TX 75460
Save a Lot Retail Strip · Retail Property For Sale
Property Facts
About 650 BONHAM ST , PARIS, TX 75460
- Grocery-Anchored Center – Save a Lot - Save a Lot has Recently Renovated the Entire Store, Façade and Pylon Sign in Summer 2019 - Save a Lot has been a Tenant since 1998, Extending Multiple Times and Signed a New 10-Year Lease in 2019 Depicting Strong Commitment to the Site - Family Dollar has been a Tenant since 2003 and has since Extended, Expanded and also Totally Remodeled Its Space - 8.5% Cap Rate on Current In-Place Income with Upside in Leasing Vacant Space – Currently 81% Occupied with 2 Strong Tenants - Rents are $4.25 & $5.55 PSF - Low Price per Square Foot - $40 PSF - 1 Mile Population has Grown 26% in the past 10 Years - Employment Rate is 96% and the Cost of Living Runs Close to 30% Lower than the Average for the US - Paris Serves as the Center for Healthcare for Much of Northeast Texas and Southeast Oklahoma - Paris is Home to Paris Junior College, Which Has Over 5,300 Students Enrolled - Other Large Employees in Paris include Kimberly-Clark Corporation, Campbell’s Soup and Coca-Cola - Surrounding National Retailers Include CVS Pharmacy, Kroger, Brookshire’s Food & Pharmacy, Walmart Supercenter, Bealls, JCPenney, Belk, OfficeMax, ALDI, AutoZone, O’Reilly Auto Parts, Home Depot and Many, Many More
Property Taxes
| Parcel Number | 14044 | Improvements Assessment | $609,740 |
| Land Assessment | $355,970 | Total Assessment | $965,710 |
Property Taxes
