|
MLS Number:
131635
List Price:
$793,500
Subdivision:
NONE
Street #:
1052
Street/Road Name:
Mineral Wells Avenue
City:
PARIS
State:
TN
Zip Code:
38242
County:
HENRY
Zoning:
B1
Acreage Range:
0-1.9 Acres
Apx Ttl SqFt:
2250
# Stories:
1
# Restrms:
# Bays:
2
|
# Prkg:
Type Business:
Auto Service
Construction:
Concrete
Roof:
Composition
Heat/Fuel:
Central Gas/Natural
Air Conditioning:
Central
Flooring:
Water:
Public
Utilities:
Natural Gas Connected, Electricity Connected, Three Phase Power, Telephone Lines
Access:
City Street
Location:
General Business District
Parking:
Private over 10
Area:
Paris
Remarks:
Great commercial investment opportunity! DBA Valvoline Instant Oil Change. The property is being offered for sale subject to the current lease and tenants rights. There is a remainder of 15 years on the current triple net lease. The current gross annual income is $37, 800.00. The annual rent will increase to $39, 684.00 as of December 1, 2024. Annual rents increase every 5 years at a rate of 5% for the remainder of the lease term.
|
Map Property
Calculate Payment
Printable Version
