Average Sale and Lease Details
|Price Range 12mo avg:||$325K – $1.1M|
|$/sf 12mo avg:||$146|
|CAP Rate 12mo avg:||9.25%|
|Typical Lease Type:||NNN|
|Building Size avg:||4,500 SF|
|Lot Size avg:||1+/- acres|
About NAPA Auto Parts
Average Sale and Lease Details coming soon
More than 85 years ago, the National Automotive Parts Association (“NAPA”) was created to meet America’s growing need for an effective auto parts distribution system.
Today, 91% of do-it-yourself customers recognize the NAPA brand name.
NAPA AUTO PARTS Stores are known for:
GENUINE PARTS COMPANY OVERVIEW:
Founded in 1928, Genuine Parts Company (NYSE: GPC), the parent company of NAPA Auto Parts is a service organization engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials. GPC products and services are offered through a network of approximately 2,600 operations located throughout the United States, Canada, Mexico, Australia and New Zealand.
The Automotive Parts Group which is 53% of total GPC Net Sales distributes automotive replacement parts, accessory items and service items throughout North America, Australia and New Zealand. In North America, parts are sold primarily under the NAPA brand name, widely recognized for quality parts, quality service and knowledgeable people. The Company’s GPC Asia Pacific business serves the Australasian markets primarily under the brand name Repco.
NAPA Auto Parts Financial Highlights
|S&P Credit Rating:||N/A+|
|Moody’s Credit Rating:||N/A1|
|Annual Revenue 2015:||$15.28B|
|Annual Revenue 2014:||$15.34B|
|Revenue Growth:||↓ 1 2014|
|Units (Dec. 2015)||6,100|
|Average Units Volume:||$2.5M|
Recent Closings for NAPA Auto Parts and Similar Tenants