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509 S Gateway Dr
Madera, CA 93637
Napa Auto Parts - Madera, CA · Retail Property For Sale
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
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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