• Property Alerts
  • Research Reports
Net Lease Napa Auto Parts

Net Lease Napa Auto Parts Property Profile and Cap Rates

Date April 16, 2017

Net Lease  Napa Auto Parts – Typical Property and Lease Terms

 

Price Range:$600K - $1.25M
Cap Rate:6.50% - 7.00%
Net Income:$40,000 - $87,500
Price Per foot:$85 PSF - $160 PSF
Building Size:7,750 SF
Lot Size:1.25 Acres
Escalations:Varies
Lease Term:10 Years
Lease Type:NNN
Credit Rating:NR

 

Tenant Company Information:

National Automotive Parts Association, Inc. (NAPA Auto Parts) is an American retailer’ distributing automotive replacement parts, accessories and service items in North America.  It serves auto service professionals, do-it-yourselfers, and drivers.  In the U.S., NAPA now includes over 58 distribution centers, 16,000 NAPA AutoCare Centers and more than 6,000 independently-owned and company-owned stores. NAPA carries an extensive inventory of more than 475,000 parts for automotive and industrial applications.  NAPA is a division of Genuine Parts Company, an S&P 500 Company publically traded on the New York Stock Exchanges using the symbol “GPC”.  NAPA was founded in 1925 and is based in Atlanta, Georgia. It has operations in Canada, Mexico, Australia, and New Zealand.

 

Website: www.napaonline.com
Founded: 1925
Number of Locations: 6,000+
Parent Company: Genuine Parts Company
Website: www.genpt.com/
Headquarters: Atlanta, Georgia

 

Back