NAPA Auto Parts 2 Retail Properties Offered at $1,300,000 in Multiple Locations
INVESTMENT HIGHLIGHTS
- Stable Income: Absolute Net leases with annual base rent increases provide stable income with little management responsibilities.
- Growth Potential: The strategic locations and surrounding demographics position them for long term appreciation and stability.
- Lease Details: Currently in year 1 of a 5-year lease with 3% annual increases in years 4 and 5.
EXECUTIVE SUMMARY
Investment Opportunity: Dual NNN Leased Napa Auto Parts Properties!
Kansas Commercial Real Estate is pleased to present an investment package featuring two single-tenant properties, both leased to Napa Auto Parts, a trusted name in the automotive industry. These properties offer absolute NNN leases, ensuring a hassle-free income stream with minimal Landlord responsibilities.
Kansas Commercial Real Estate is pleased to present an investment package featuring two single-tenant properties, both leased to Napa Auto Parts, a trusted name in the automotive industry. These properties offer absolute NNN leases, ensuring a hassle-free income stream with minimal Landlord responsibilities.
PROPERTY FACTS
| Price | $1,300,000 |
| Price / SF | $83.33 / SF |
| Cap Rate | 6.18% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 15,600 SF |
| Total Land Area | 1.17 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
NAPA Auto Parts
719 Fort Riley Blvd, Manhattan, KS 66502 |
Retail | 7,200 SF | 2007 | - |
|
NAPA Auto Parts
1309 N Washington St, Junction City, KS 66441 |
Retail | 8,400 SF | 1955 | - |
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