Quick Service Restaurant NNN
3420 Lamar Ave Paris, TX 75460
For Sale
Contact for pricing
Fee simple Chick-fil-A on a 15-year absolute NNN lease with 9+ years remaining and scheduled rent increases every five years.
Property Size4,990 SF
Lot Size2.20 Acres
Price / SF$1,102
Days on Market50
Property Features for 3420 Lamar Ave
General Information
- Standard status
- Active
- Size
- 4,990 SF
- Lot size
- 2.20 Acres
- Property subtype
- RETAIL
Listing Agency:
Northmarq | Baltimore
(918) 794-9523
Listed By:
Ryan Butler
(918) 794-9523
Source:
Moodyscre
Added: Jun 8
Changed: Jul 10
Last Checked: Jul 21 at 8:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northmarq | Baltimore
Investment Insights
Based on property information with market context.
This fee simple Chick-fil-A property is offered with a 15-year absolute NNN lease in place, with 9+ years remaining. The lease is described as providing investors long-term, passive cash flow with zero landlord responsibilities. The property sits on approximately 2.2 acres and includes a building size of 4,990 square feet. The lease features 13, five-year options extending into 2101, along with 10% rent increases every five years. Cost segregation is available for enhanced depreciation, subject to review with the investor’s tax advisor.
The asset is located at 3420 Lamar Ave in Paris, Texas, on a large parcel. According to Placer.ai, the location recorded nearly 705,000 visits over the prior 12 months. Those figures are reported as making it the second most-visited quick service restaurant in Paris, TX, with the additional note that the restaurant is open six days per week.
For investors, the primary appeal is the combination of an absolute NNN structure, a long remaining lease term, and defined rent escalations over time, with the stated benefit of no landlord responsibilities. This makes the property well-suited for buyers seeking an established, lease-driven cash flow profile backed by a long-term contractual framework.
The asset is located at 3420 Lamar Ave in Paris, Texas, on a large parcel. According to Placer.ai, the location recorded nearly 705,000 visits over the prior 12 months. Those figures are reported as making it the second most-visited quick service restaurant in Paris, TX, with the additional note that the restaurant is open six days per week.
For investors, the primary appeal is the combination of an absolute NNN structure, a long remaining lease term, and defined rent escalations over time, with the stated benefit of no landlord responsibilities. This makes the property well-suited for buyers seeking an established, lease-driven cash flow profile backed by a long-term contractual framework.
Key Highlights
- Chick‑fil‑A on a fee simple 15‑year absolute NNN lease with 9+ years remaining and 13 five‑year options extending into 2101
- Absolute NNN lease structure with zero landlord responsibilities and long‑term passive cash flow (per remarks)
- Lease includes 10% rent increases every 5 years
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Chick-fil-A
Restaurant
FAQs
What type of property is this?
NNN property - Fee simple Chick-fil-A on a 15-year absolute NNN lease with 9+ years remaining and scheduled rent increases every five years.
Where is this nnn property located?
The property is located at 3420 Lamar Ave Paris, TX.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Chick‑fil‑A on a fee simple 15‑year absolute NNN lease with 9+ years remaining and 13 five‑year options extending into 2101; Absolute NNN lease structure with zero landlord responsibilities and long‑term passive cash flow (per remarks); Lease includes 10% rent increases every 5 years
