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3601 Lamar Ave
Paris, TX 75460

Walgreens Absolute Net Lease | 9+ Years · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
14,728 SF
Building Class
B
Year Built
2002
Tenancy
Single
Number of Floors
1
Building FAR
0.21
Lot Size
1.61 AC
Parking
58 Spaces
Frontage
270 ft on Lamar Avenue

About 3601 Lamar Ave , Paris, TX 75460

The property is conveniently located at the signalized hard corner of Lamar Avenue and Loop 286, with excellent visibility and access to 47,247 vehicles per day. Located in a dense retail area, the property is surrounded by large shopping centers and notable national retailers. The property is adjacent to Walmart Supercenter and is across from Paris Towne Center, the largest retail shopping center in the region. Paris Towne Center features a diverse tenant mix, including well-known stores like Hobby Lobby, Aldi, Bealls, Belk, Aaron’s, Hibbett Sports, Tuesday Morning, Kay Jewelers, GNC, and more. Other retailers located near the property include Home Depot, Ashley HomeStore, Applebee’s, McDonald’s, Petco, Dollar Tree, CVS, Starbucks, and several car dealerships. Located just over two and a half miles from downtown Paris, the property is close to a number of important community amenities. The property is within walking distance of several schools—including Crockett Middle School (507 students) and Aikin Elementary (950 students)—and is minutes from Paris High School (870 students), Paris Junior High (487 students), and the flagship campus of Paris Junior College, which has a system-wide enrollment of 10,060 students and serves 6,990 students at its Paris campus. The property is also a short distance from some of the region’s largest employers, including Paris Regional Medical Center and Campbell Soup Company’s Paris plant, which are both approximately three miles from the property. Paris Regional Medical Center—the region’s largest employer, with 900 staff members—features 368 beds and serves as the center of healthcare for much of Northeast Texas and Southeast Oklahoma. Campbell Soup Company—the region’s second largest employer, with 887 employees—has a long production history in Paris and recently spent $48 million to add a ready to eat production line at the Paris plant, making Paris the second Campbell’s plant to produce packaged fresh soups.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
39585
Land Assessment
£607,951
Improvements Assessment
£819,932
Total Assessment
£1,427,883
  • Listing ID: 12717128

  • Date on Market: 31/05/2018

  • Last Updated:

  • Address: 3601 Lamar Ave, Paris, TX 75460

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