Napa Auto Parts

Relocation Site: In November 2024, Genuine Parts Company acquired BWS Auto & Truck Parts and moved operations to this location with a brand new 7-year lease.
Annual Rent Increases: The lease features 2% annual increase throughout the initial lease term and each of the two, 5-year option periods.
Signalized Corner Location: The property is ideally positioned at the intersection of three roads. Sonoma Boulevard, Couch St & Mississippi St combine for over 25,000 vehicles passing by daily.
Local Synergy: Napa benefits from 15 auto service-related businesses operating within a 1-mile radius of the building, providing significant opportunities within their wholesale business model.
Strong North Bay Area Demographics: The subject property features a population of over 155,000 residents within a 5-mile radius and an average household income over $105,000.
Corporate Guarantee W/ Investment Grade Credit Rating Tenant: Genuine Parts Company (GPC), established in 1928 and headquartered in Atlanta, Georgia, is a Fortune 200 corporation and leading global distributor of automotive and industrial replacement parts, along with value-added solutions. GPC’s currently has a capitalization of approximately $17.8 billion and investment-grade credit ratings of BBB- from S&P and Baa1 from Moody’s.

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