Lowest Cap Rate
5.55%
Lowest Cap Rate over past 24 months
Average Cap Rate
6.92%
12 mo avg with 5+ yr lease term
Average Cap Rate calculated if 3+ comps are available over past 12 months
Quarter Cap Rate
6.53%
Average Cap Rate over previous quarter
Average Quarter Cap Rates calculated over prior full quarter, irrespective of term length
Overview
NAPA Auto Parts has a long-standing history and remains a staple in just about every town in the United States. With a vast national footprint, NAPA offers customers a huge selection of items to fix all their automobile needs, as well as parts for boats, farming machinery, and other equipment. NAPA Auto Parts locations remain in high demand due to their cost-effective purchase price compared to other investment properties. NAPA offers both NNN and NN leases with terms and escalations that vary by deal.
Property & Lease
Sales Price Range$600,000 - $1,750,000
NOI Range$50,000 - $100,000
Building SF5,000 - 8,000
Lease Term10 - 15 Years
EscalationsVaries
Stock SymbolNYSE:GPC
Credit Rating
S&PBBB
Moody'sBaa1
Cap Rate By Region
Average regional cap rates calculated over past 24 months, irrespective of term length
7.62
6.76
7.13
6.80
N/A
7.49
*Regional cap rates calculated from sales data available over the past 24 months, irrespective of remaining term.
Financial Fundamentals
- Overview
- Cap Rate By Region
- Financial Fundamentals
- Stock Analysis
Recent Sales Comps
Nevada City, CA7.00%
Everett, WA6.10%
Temple, TX6.40%
Top Consumer Traffic
Hood River, OR130,900
Littleton, CO110,700
Camp Verde, AZ90,300
Provided by Placer.ai
*Indicates ranking may be skewed due to limited data