Paris, TX - Atmos Energy
$2,668,000
3005 NW Loop 286, Paris, TX 75460
6
Cap Rate
160,067
NOI
Details:
Description:
- The tenant, Atmos Energy Corporation, recently executed a new 10-year renewal that commenced October 1, 2025, following 20 years of continuous operation at the site, reinforcing their long-term commitment and ensuring future income stability
- The lease includes two (2) additional 5-year renewal options with 3% annual increases throughout the current term and escalations to the greater of 9%or market rent at the start of each option, driving NOI growth and providing a strong inflation hedge
- Strategically positioned on NW Loop 286 (14,300 VPD), a local artery offering exceptional connectivity throughout Paris
- The trade area is anchored by more than 24,400 residents and 18,100 employees, providing a stable consumer and employment base
- An average household income of $66,511 combined with solid population and workforce density, supports strong underlying real estate fundamentals
Location
Gallery