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Napa Auto Parts 3112 W Tennessee St 5,460 SF Retail Building Tallahassee, FL 32304 $1,225,000 ($224.36/SF)
INVESTMENT HIGHLIGHTS
- Below-Market In-Place Rent with Value-Add Potential – NAPA Auto Parts is currently paying $9.99 per square foot
- Flexible Re-Tenanting Opportunity: No remaining options allow future ownership to re-tenant or occupy the space and capture rent upside.
- Long-Term Tenancy: NAPA has occupied the site since 2002, demonstrating strong operational stability and commitment through multiple renewals
- Strategic Automotive Corridor Location – Positioned within a high-traffic trade area surrounded by major national automotive dealerships
- Creditworthy National Tenant: Leased to NAPA Auto Parts, a subsidiary of Genuine Parts Company (NYSE: GPC) with investment-grade credit
- Rare Offering: First time on the market in 20 years, giving investors a unique chance to acquire a seasoned, income-producing asset
EXECUTIVE SUMMARY
Broker of Record
Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,460 SF
Building Class
B
Year Built/Renovated
1986/1995
Price
$1,225,000
Price Per SF
$224.36
Tenancy
Single
Building Height
1 Story
Frontage
117’ on W Tennessee St
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Broker of Record Kyle Matthews License # CQ1066435 (FL) Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203 (866) 889-0550
| Space | Size | Space Use | Position | Available |
| 1st Floor | 5,400 SF | Retail | - | Now |
1st Floor
| Size |
| 5,400 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 5,400 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Broker of Record Kyle Matthews License # CQ1066435 (FL) Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203 (866) 889-0550
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 21-29-20-036-000.0 | Improvements Assessment | $247,191 |
| Land Assessment | $132,334 | Total Assessment | $379,525 |
PROPERTY TAXES
Parcel Number
21-29-20-036-000.0
Land Assessment
$132,334
Improvements Assessment
$247,191
Total Assessment
$379,525
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Napa Auto Parts | 3112 W Tennessee St
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