Paris Retail Asking Rents by Corridor: A Fall 2026 Snapshot

Active commercial listings across Paris, pulled in late 2026, show the corridor-by-corridor asking-rate map: retail at Paris Towne Center (3550-3580 Lamar Ave) is listing at $16 to $18 per square foot per year, retail at 3900 Lamar Ave near PETCO Plaza is asking about $22, shopping-center suites at 550 N Collegiate Dr list near $15, and a general-retail unit at 3565 NE Loop 286 is offered at about $1.67 per square foot per month, roughly $20 on an annualized basis. Flex space at 5501 Bonham St asks about $10 per square foot per year, and industrial at 1110 W Washington St lists near $5.50.

These are asking rates, not signed deals, but they set the ceiling landlords believe the market will bear, and retail accounts for the largest share of for-lease inventory in Paris, with industrial second.

The asking-rate map

The Lamar Avenue corridor, anchored by Paris Towne Center, is the city's most expensive retail address. The center, which sold in June 2026 to Corsair Property Company, runs about 96% occupied and draws more than 2.2 million visits a year, so its $16 to $18 asking range reflects near-full, national-tenant-anchored real estate. The PETCO Plaza listing near 3900 Lamar at about $22 sits at the top of the market, a small-shop niche rate.

Loop 286 listings cluster in the teens to low twenties on a per-square-foot basis, and flex and industrial space trades in the single digits. That hierarchy, retail premium over flex over industrial, is the standard shape for a secondary Texas market, and the absolute numbers put Paris comfortably in line with other Northeast Texas commercial centers.

What the spread tells owners

For an owner, the corridor spread is a positioning tool. The same square footage rents for meaningfully more when it is configured to a use the market pays a premium for, which is why conversion-ready flex space and multi-use buildings have an edge over raw industrial shells. It also explains the investor math behind the estimated 10% cap rate on income-producing property: when current income is already covering returns at today's rent levels, the upside sits in re-tenanting space at the higher rates the market will support.

New supply is arriving too, including a roughly 40,500-square-foot new retail development marketed at 2500 Lamar Ave, so the market is not static. National tenants and fresh product are both part of the picture.

What it means for 1905 E Price St

At 11,000+ SF with 12 private rooms, each with a full bath, plus office areas, a commercial kitchen, and flex space, this property is a multi-use asset in a market where flex in its common band asks roughly $10 per square foot and well-configured retail commands substantially more. The building's estimated 10% cap rate on current income, with upside as the property moves toward its highest and best use, sits directly on the spread this snapshot describes.