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    Commercial Investment Opportunity in Paris Title is generated by Realmo AI

    1052 Mineral Wells Avenue, Paris, TN 38242

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    Claim this Listing
    For Sale
    Under Contract
    $793,500

    COMMERCIAL - PARIS, TN

    Property size:
    2,250 SF
    Price / SF:
    $352/SF
    Added:
    Jun 3, 2024
    Days on Market:
    755
    Last Refresh:
    Jun 27 at 7:06 pm

    Property Features for 1052 Mineral Wells Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    B1
    Standard status
    Active Under Contract
    APN
    020.00
    Size
    2,250 SF

    Taxes and HOA fees

    Tax Annual Amount
    1675

    Building Details

    Year built
    2003
    Floors in Building
    1

    We can help!

    Contact an agent
    Mark Johnson

    Listing agent Mark Johnson

    Listing office Moody Realty Company, Inc. 410 Tyson Ave., Paris, TN

    Listing date Jun 3, 2024

    MLS# 131635

    Copyright © 2026 Tennessee Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 14 years remaining on a triple net (NNN) lease
    • Current gross annual income of $39,684.00
    • Benefit from annual rent increases of 5% every 5 years
    • Commercial investment opportunity with established tenant (DBA Valvoline Instant Oil Change)
    • Property built in 2003
    • Located at coordinates: [-88.31107,36.286488]

    Overview

    This commercial property, currently operating as a Valvoline Instant Oil Change, presents a commercial investment opportunity. The property is subject to a current lease with tenant rights, featuring a triple net lease with a remaining term of 14 years. The gross annual income is $39,684.00. The lease includes annual rent increases of 5% every 5 years for the remainder of the lease term. The property is located in Paris, TN. The property size is 2,250 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Valvoline Instant Oil ... Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Patterson Towing — 191 Russell St, Paris, TN 38242
    • Master Tire & Auto Services — 210 Memorial Dr, Paris, TN 38242
    • West's Wheel & Tire — 5230 TN-218, Paris, TN 38242
    • Walmart Auto Care Centers — 1210 Mineral Wells Ave, Paris, TN 38242
    • Setco Automotive Na Inc — 1731 Mineral Wells Ave, Paris, TN 38242

    Location Insight

    • Map
    • Local Demand
    City
    Paris
    County
    Henry
    State
    Tennessee
    Longitude
    -88.311074
    Latitude
    36.286487

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    FAQs

    What type of property is this?
    Auto shop - Commercial property for sale with long-term tenant in place.
    Where is this auto shop located?
    The property is located at 1052 Mineral Wells Avenue Paris, TN.
    What is the asking price?
    The asking price for this property is $793,500.
    What are key features of this property?
    This property features: 14 years remaining on a triple net (NNN) lease; Current gross annual income of $39,684.00; Benefit from annual rent increases of 5% every 5 years
    (731) 336-3702
    We can help!
    Contact an agent
    Mark Johnson
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