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Paris, TX - Atmos Energy

$2,668,000

3005 NW Loop 286, Paris, TX 75460

Active
Last Updated: 10/23/2025

6

Cap Rate

160,067

NOI

Details:
Cap Rate:    6%
NOI:    $160,067
Building Size:    9,790 sqft
Lot Area:    2.04 acres
Occupancy:    100%
Year Built:    2005
Zoning:    Light Industrial (I-1)
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

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