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3420 LAMAR AVE
PARIS, TX 75460
Asking Price
$5.50M
Cap Rate
4.65%
Asset Type
QSR/Fast Food Retail
Class
Class B
What's Special
Rare, Fee Simple Chick-Fil-A Corporate Lease <ul><li>Rare, Fee Simple Chick-Fil-A Corporate Lease</li><li>Large 2.20-Acre Parcel</li><li>10% Rent Increases Every 5 Years</li><li>Nation's Strongest Private QSR</li><li>2nd Most-Visited QSR in Paris, TX</li><li>Adjacent to Paris Towne Center - 2.4M Annual Visits</li><li>Income Tax-Free State</li></ul>
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NOI
$80,000
Cap Rate
1.45%
DSCR
0.24
Underwater
Cash-on-Cash
-14.94%
Monthly Payment
$27,210.999
Annual Cash Flow
$-246,531.989
