Napa Auto Parts

• 20+ Years of Successful Operating History: Long-established location demonstrating sustained performance and a long-term commitment to the site.
• High-Performing Location: Strong reported store sales underscore the property’s operational success and market presence.
• 3.0 Years of Lease Term Remaining + Two 5-Year Renewal Options: Provides near-term cash flow with additional long-term upside through renewal options.
• Expansive 1.2-Acre Site: Well-positioned freestanding property on a sizable parcel with ample parking and accessibility.
• Corporate Lease Backed by Genuine Parts Company (NYSE: GPC): Investment-grade public company providing strong corporate credit support.
• 12,205 SF Freestanding Building: Large-format retail facility designed to support long-term operations.
• Long Term Stability: The tenant has expressed its interest to exercise the next five-year renewal option, reflecting continued commitment to the location. Please reach out to agent for further details.
• Built-In Rental Growth: Annual 1.5% rent increases throughout both five-year option periods provide predictable income growth.
• Landlord Responsibilities: Landlord responsibilities include roof, structure, parking lot, HVAC, insurance, and real estate taxes.