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Napa Auto Parts - Madera, CA 509 S Gateway Dr 7,000 SF Retail Building Madera, CA 93637 $1,261,226 ($180.18/SF) 6.85% Cap Rate
Investment Highlights
- Immediate Interstate Access: Strategically located just off Golden State Highway and South Madera Ave., the property offers direct access
- Build-to-Suit Asset: Delivered in 2016, this is one of the most recent build-to-suit NAPA locations in California.
- Fortune 200 Guarantor: The lease is backed by Genuine Parts Company (NYSE: GPC), a Fortune 200 company
- High Store Performance: This location ranks in the 88th percentile nationally and the 78th percentile within California (AlphaMap)
- Market Exclusivity: The subject property is the only NAPA Auto Parts location within Madera, with the nearest alternative more than 22 miles in Fresno
- Automotive Synergy: Surrounded by more than a dozen automotive repair businesses within a one-mile radius
Executive Summary
Broker of Record
David Harrington
License # 02168060, 01320460 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
(866) 889-0550
David Harrington
License # 02168060, 01320460 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Building Size
7,000 SF
Building Class
B
Year Built
2024
Price
$1,261,226
Price Per SF
$180.18
Cap Rate
6.85%
NOI
$86,394
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.83 AC
Parking
23 Spaces (3.29 Spaces per 1,000 SF Leased)
Frontage
169’ on South Gateway Drive
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
NAPA Auto Parts began in 1925 when independent auto parts sellers formed a cooperative to improve distribution. The company became a division of Genuine Parts Company in 2012. NAPA offers automotive replacement parts, accessories, and service items across North America. Their product lines include batteries, brakes, filters, engine components, and tools. While many stores operate independently, NAPA maintains a large distribution network. The brand continues expanding its market presence through strategic acquisitions.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 011-042-008 | Improvements Assessment | $988,178 |
| Land Assessment | $190,656 | Total Assessment | $1,178,834 |
Property Taxes
Parcel Number
011-042-008
Land Assessment
$190,656
Improvements Assessment
$988,178
Total Assessment
$1,178,834
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Napa Auto Parts - Madera, CA | 509 S Gateway Dr
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