NAPA Auto Parts | 15779 Us Highway 63
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NAPA Auto Parts 15779 Us Highway 63
7,500 SF Retail Building Hayward, WI 54843 £460,863 (£61/SF) 9.78% Net Initial Yield
Investment Highlights
- Net lease requiring minimal Landlord responsibilities
- Corporate owned NAPA with 30+ years at location
- Located on a hard corner on US Hwy 63
Executive Summary
Ultra Commercial Realty is pleased to present this income-generating investment opportunity located in Hayward, WI. NAPA Auto Parts has been a thriving tenant for over 30 years at this location. This NAPA is corporate owned by Genuine Parts Company, the largest automotive aftermarket network across the globe. Today, Genuine Parts Company is a global service organization engaged in the distribution of automotive and industrial replacement parts with more than 60,000 employees and over 10,700 locations in 17 countries across North America, Europe and Australia. NAPA has a new, 5-year lease in place and 3, 5 year renewals. R3 Racing rents space from the building and provides parts and service repair for motorcycles, scooters, and powersports.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,500 SF
Year Built
1980
Price
£460,863
Price Per SF
£61
Net Initial Yield
9.78%
NOI
£45,069
Tenancy
Single
Number of Floors
1
Building FAR
0.41
Lot Size
0.42 AC
Opportunity Zone
Yes
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 236-941-22-3422 | Improvements Assessment | £140,919 |
Land Assessment | £107,352 | Total Assessment | £248,271 |
PROPERTY TAXES
Parcel Number
236-941-22-3422
Land Assessment
£107,352
Improvements Assessment
£140,919
Total Assessment
£248,271
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NAPA Auto Parts | 15779 Us Highway 63
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