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NAPA Auto Parts 227 E 5th St 5,000 SF Retail Building Holtville, CA 92250 $1,652,000 ($330.40/SF) 7.25% Cap Rate

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EXECUTIVE SUMMARY

Property Description:
Building - 5,000 Sf
Covered Area - 2,400 Sf
Lots Total - 17,574 Sf
3 Parcels From East to West; 045-262-010, 045,262,009, 045,262,008
Property Features:
- Available For a Owner User or an Investor
- Owner Willing to Lease Back From Buyer for $9,980 + NNN / Month. If Lease Back is Not Desirable, Owner Will Move Out By Close of Escrow.
- 7.25% Cap Rate
- Opportunity Zone
- 12ft x 10ft Grade Level Door
- Fenced Yard with 2,400 Sf Covered Storage
- 14+ Parking Spaces
- Brand New $20,000 Roof

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,000 SF
Building Class
C
Year Built
1990
Price
$1,652,000
Price Per SF
$330.40
Cap Rate
7.25%
NOI
$119,770
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.40 AC
Opportunity Zone
Yes
Zoning
RC - Retail

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Retailer
  • 5,000 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 5,000 SF - -

NEARBY MAJOR RETAILERS

Mechanics Bank
IGA

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 045-262-009-000
  • 045-262-010-000
Land Assessment
$122,474
Improvements Assessment
$169,460
Total Assessment
$291,934
  • Listing ID: 21771544

  • Date on Market: 12/15/2020

  • Last Updated:

  • Address: 227 E 5th St, Holtville, CA 92250

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