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NAPA Auto Parts 803 E Main St
6,500 SF Retail Building El Centro, CA 92243 £1,275,024 (£196/SF) 7.25% Net Initial Yield
Investment Highlights
- Flexible Usage: Suited for owner-users or investors seeking versatile opportunities.
- Ample Storage: Fenced yard with 1,200 sq ft covered storage for added convenience
- Convenient Access: Features two 10 ft and 12 ft grade level doors for easy loading and unloading.
- Solid Cap Rate: Enjoy a 7.25% cap rate for strong investment returns.
Executive Summary
Property Facts
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Retailer
- 6,500 SF
- -
- -
In 1925, a group of independent auto parts sellers met in Detroit to form the National Automotive Parts Association. Their mission was simple: Improve the distribution of auto parts to serve the people and businesses who increasingly relied on cars and trucks for their transportation needs. NAPA stores and warehouses, which were owned by a variety of member companies at the time, quickly became the go-to sources for parts. Carlyle Fraser, founder of Genuine Parts Company, served as a key NAPA contributor in its early years. Across the decades, Genuine Parts began to acquire the other NAPA member companies, and in 2012 became the last remaining member of NAPA, a brand with a reputation for quality parts, rapid availability, and knowledgeable people. Today, the NAPA Network offers hundreds of thousands of unique parts, distributed across many distribution centers, thousands of NAPA Auto Parts stores and even more NAPA Auto Care centers throughout the United States.
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
Retailer | 6,500 SF | - | - |
PROPERTY TAXES
Parcel Number | 054-272-010-000 | Improvements Assessment | £159,558 |
Land Assessment | £117,465 | Total Assessment | £277,023 |
PROPERTY TAXES
Presented by
NAPA Auto Parts | 803 E Main St
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