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NAPA Auto Parts 1108 Kingold Blvd 6,105 SF 100% Leased Retail Building Snow Hill, NC 28580 $1,012,802 CAD ($165.90 CAD/SF) 8.65% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Fresh 3 year lease with NAPA
  • Great investment opportunity
  • New roof in 2021
  • Excellent retail history
  • Low maintenance asset

EXECUTIVE SUMMARY

Boutique strip shopping center located in Snow Hill, NC.
Fresh 3 year lease with NAPA
Multi-tenant Strip Center
Long standing rental history
Great visibility
Good parking

FINANCIAL SUMMARY (ACTUAL - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $103,872 $17.01
Other Income - -
Vacancy Loss - -
Effective Gross Income $103,872 $17.01
Taxes - -
Operating Expenses - -
Total Expenses $16,292 $2.67
Net Operating Income $87,580 $14.35

FINANCIAL SUMMARY (ACTUAL - 2025)

Gross Rental Income (CAD)
Annual $103,872
Annual Per SF $17.01
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $103,872
Annual Per SF $17.01
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $16,292
Annual Per SF $2.67
Net Operating Income (CAD)
Annual $87,580
Annual Per SF $14.35

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,105 SF
Year Built
1999
Price
$1,012,802 CAD
Price Per SF
$165.90 CAD
Cap Rate
8.65%
NOI
$87,580 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.69 AC
Zoning
commercial - commercial zoning district
Parking
25 Spaces (4.1 Spaces per 1,000 SF Leased)
Frontage
100’ on Kingold Blvd

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Retailer
  • -
  • -
  • -

NAPA Auto Parts, founded in 1925, is a leading distributor of automotive replacement parts and accessories in North America. Headquartered in Atlanta, Georgia, the company operates under the Genuine Parts Company umbrella and serves both professional repair shops and individual consumers. NAPA’s extensive product line includes brakes, batteries, filters, belts, and other essential automotive components. With thousands of retail locations and distribution centers across the United States, including Pennsylvania, NAPA ensures rapid availability of parts and technical expertise for customers. The company is recognized for its strong supply chain and commitment to quality, supporting a wide range of vehicles from passenger cars to heavy-duty trucks. NAPA Auto Parts remains a key player in the automotive aftermarket industry and continues to expand its services to meet evolving customer needs.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Retailer - - -

NEARBY MAJOR RETAILERS

First Citizens Bank
Food Lion

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0308035
Land Assessment
$156,390 CAD
Improvements Assessment
$463,154 CAD
Total Assessment
$619,545 CAD
  • Listing ID: 37065981

  • Date on Market: 2025-08-01

  • Last Updated:

  • Address: 1108 Kingold Blvd, Snow Hill, NC 28580

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