15779 US Highway 63
Hayward, WI 54843
NAPA Auto Parts · Retail Property For Sale
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 three, 5 year renewal options. R3 Racing rents about 2,500sf of 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
$589,000
Price Per SF
$78.53
Cap Rate
9.78%
NOI
$57,600
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.41
Lot Size
0.42 AC
Opportunity Zone
Yes
Zoning
Commercial
AMENITIES
- Signage
- Tenant Controlled HVAC
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 236-941-22-3422 | Improvements Assessment | $180,100 |
| Land Assessment | $137,200 | Total Assessment | $317,300 |
