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NAPA Auto Parts 15779 US Highway 63 7,500 SF 100% Leased Retail Building Hayward, WI 54843 $589,000 ($78.53/SF) 9.78% Cap Rate

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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.

ATTACHMENTS

Map

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,500 SF
Building Class
C
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

NEARBY MAJOR RETAILERS

Caribou Coffee
Snap Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
236-941-22-3422
Land Assessment
$137,200
Improvements Assessment
$180,100
Total Assessment
$317,300
  • Listing ID: 32288450

  • Date on Market: 6/28/2024

  • Last Updated:

  • Address: 15779 US Highway 63, Hayward, WI 54843

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