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NAPA Auto Parts 1108 Kingold Blvd 6,105 SF 100% Leased Retail Building Snow Hill, NC 28580 $730,000 ($119.57/SF) 8.65% Cap Rate
INVESTMENT HIGHLIGHTS
- Fresh 3 year lease with NAPA
- Great investment opportunity
- New roof in 2021
- Excellent retail history
- Low maintenance asset
EXECUTIVE SUMMARY
Fresh 3 year lease with NAPA
Multi-tenant Strip Center
Long standing rental history
Great visibility
Good parking
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$74,868
|
$12.26
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$74,868
|
$12.26
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$11,743
|
$1.92
|
| Net Operating Income |
$63,125
|
$10.34
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $74,868 |
| Annual Per SF | $12.26 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $74,868 |
| Annual Per SF | $12.26 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $11,743 |
| Annual Per SF | $1.92 |
| Net Operating Income | |
|---|---|
| Annual | $63,125 |
| Annual Per SF | $10.34 |
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Retailer
- -
- -
- -
NAPA Auto Parts, founded in 1925, is a leading distributor of automotive replacement parts and accessories in North America. Headquartered in Atlanta, Georgia, the company operates under the Genuine Parts Company umbrella and serves both professional repair shops and individual consumers. NAPA’s extensive product line includes brakes, batteries, filters, belts, and other essential automotive components. With thousands of retail locations and distribution centers across the United States, including Pennsylvania, NAPA ensures rapid availability of parts and technical expertise for customers. The company is recognized for its strong supply chain and commitment to quality, supporting a wide range of vehicles from passenger cars to heavy-duty trucks. NAPA Auto Parts remains a key player in the automotive aftermarket industry and continues to expand its services to meet evolving customer needs.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Retailer | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0308035 | Improvements Assessment | $334,060 |
| Land Assessment | $112,800 | Total Assessment | $446,860 |
PROPERTY TAXES
Presented by
NAPA Auto Parts | 1108 Kingold Blvd
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