Net Lease Napa Auto Parts Property Profile and Cap Rates Date August 16, 2020
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 |
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