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Napa Auto Parts 839 Emerson Ave 22,000 SF Industrial Building Calexico, CA 92231 $3,745,980 CAD ($170.27 CAD/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- 3.5% Annual Increases: Ownership signed a 10-year sale leaseback with Genuine Parts in January of 2025 including extremely rare 3.5% annual increases
- Excellent Visibility: Located at the corner of Emerson Ave and McKinley St, the property has visibility to over 20,000 vehicles daily
- Distribution Facility: This location was the primary and flagship facility for Country Motor Parts prior to Genuine Parts Company’s acquisition.
- Passive Lease Structure: The lease offers minimal landlord maintenance responsibilities where the landlord is only responsible for the maintenance
EXECUTIVE SUMMARY
David Harrington
License # 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
(866) 889-0550
PROPERTY FACTS
| Price | $3,745,980 CAD | Rentable Building Area | 22,000 SF |
| Price Per SF | $170.27 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1995 |
| Cap Rate | 5.75% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.91/1,000 SF |
| Property Subtype | Showroom | Clear Ceiling Height | 20’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.72 AC | Opportunity Zone |
Yes
|
| Zoning | C | ||
| Price | $3,745,980 CAD |
| Price Per SF | $170.27 CAD |
| Sale Type | Investment |
| Cap Rate | 5.75% |
| Property Type | Industrial |
| Property Subtype | Showroom |
| Building Class | C |
| Lot Size | 0.72 AC |
| Rentable Building Area | 22,000 SF |
| No. Stories | 1 |
| Year Built | 1995 |
| Tenancy | Single |
| Parking Ratio | 0.91/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | C |
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Retailer
- -
- -
- -
En 1925, un groupe de vendeurs indépendants de pièces automobiles se réunit à Detroit pour former la National Automotive Parts Association. Leur mission était simple : améliorer la distribution de pièces automobiles pour servir les gens et les entreprises qui comptent de plus en plus sur les voitures et les camions pour leurs besoins de transport. Les magasins et entrepôts NAPA, qui appartenaient à diverses sociétés membres à l'époque, sont rapidement devenus les sources de référence pour les pièces détachées. Carlyle Fraser, fondatrice de Genuine Parts Company, a été l'un des principaux contributeurs aux NAPA au cours de ses premières années. Au fil des décennies, Genuine Parts a commencé à acquérir les autres sociétés membres de NAPA et, en 2012, elle est devenue le dernier membre restant de NAPA, une marque réputée pour la qualité des pièces, la disponibilité rapide et le personnel compétent. Aujourd'hui, le réseau NAPA offre des centaines de milliers de pièces uniques, distribuées dans de nombreux centres de distribution, des milliers de magasins NAPA Auto Parts et encore plus de centres NAPA Auto Care partout aux États-Unis.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Retailer | - | - | - |
PROPERTY TAXES
| Parcel Number | 058-302-001-000 | Improvements Assessment | $147,847 CAD |
| Land Assessment | $820,251 CAD | Total Assessment | $968,098 CAD |
PROPERTY TAXES
Presented by
Napa Auto Parts | 839 Emerson Ave
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