Napa Auto Parts

Investment Overview

Kevin Besser | BOR | NPC REALTY MANAGMENT | LIC# - RMR003220

Investment Highlights

• Tenant History: Previously operated by the seller then sold to
• corporate in 2025, which now operates under a new corporately
• guaranteed lease.
• Parking Lot: A brand new parking lot was installed in 2022.
• New Lease Execution: A brand-new 7-year lease commenced in
• April 2025, providing stable income with 2% annual increases
• driving steady NOI growth.
• Corporate Guarantee: Lease is guaranteed by Genuine Parts
• Company (NYSE: GPC), an investment-grade Fortune 200
• company ranked #179, ensuring reliable credit-backed rental
• income.
• Traffic Counts: Located along Republic Hwy with over 16,486
• vehicles per day, offering strong visibility and access.
• Property Details: 7,200 SF freestanding building on a 1.23-acre
• parcel, built in 2005. Low price point enhances accessibility for a
• wide range of investors.
• Retail Corridor: Surrounded by major national retailers including
• Walmart, Home Depot, Hobby Lobby, Harbor Freight, and Dunkin’,
• creating a strong trade area.
• Tenant Responsibilities: Tenant pays taxes, Fully Reimburses
• insurance, CAM, utilities, and routine repairs up to $2,500
• annually.