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| Price $875,000 $925,000 | Built/Renov 1999/2022 | Tenant NAPA Auto Parts |
| Cap Rate 6.19% 5.86% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
6,880
| Lease Start
08-04-2004
| #Units
5,963
|
| Price/SF $127.18 $134.45 | Expiration
09-30-2024
| Tenant Type Automotive |
| NOI $54,180 | R. Term 0.10 | Ownership Fee Simple |
| Rent/SF
$7.88
| Increases 5.0%/3/yrs | Pop 5Mi 279,400 |
| Lot/AC 0.30 | Options 1/5yrs/5% | AHHI 5Mi $84,890 |
| | |
NAPA Auto Parts is strategically located at the signalized, hard corner intersection of New Britain Avenue and Shield Street with clear visibility and access to 23,367 vehicles passing by daily. Additionally, the site is in proximity to I-84/Yankee Expressway. The site benefits from being in an automotive corridor with other national tenants such as Goodyear, Pep Boys and AutoZone, which draws...
...Signalized intersection
Hard corner intersection
In location for years
Freeway close
Dense 200M+ pop 5 mi
Top 100 MSA
Below Market Rent
Traded and rated company
Corporate Guarantee
Investment grade tenant
The National Automotive Parts Association (dba NAPA Auto Parts) is an American retailers' cooperative distributing automotive replacement parts, accessories and service items throughout...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 10,789 | 137,040 | 284,325 |
| 2023 Total Population : | 10,994 | 138,063 | 284,962 |
| 2023 Employed Civilian Pop : | 5,723 | 68,670 | 138,082 |
| 2023 Total Businesses : | 945 | 6,654 | 13,204 |
| 2023 Average Household Income : | $ 93,063 | $ 95,582 | $ 100,567 |
| 2023 Total Consumer Spending : | $ 352 M | $ 4690 M | $ 10005 M |
| 2023 Median Age : | 40 | 38 | 38 |
| 2023 Total Households : | 4,411 | 56,847 | 115,351 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,260 | 18,867 | 39,648 |
| 2023 Average Home Value : | $ 277,168 | $ 309,651 | $ 327,808 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| New Britain Ave | South St | 2012 | 16,900 | 0.09 mi |
| New Britain Ave | South St | 2012 | 20,100 | 0.17 mi |
| New Britain Avenue | South St | 2018 | 23,700 | 0.17 mi |
| New Britain Avenue | Natick St | 2021 | 19,800 | 0.21 mi |
| New Britain Avenue | Abbotsford Ave | 2018 | 18,600 | 0.24 mi |
| New Britain Ave | Roslyn St | 2012 | 15,800 | 0.32 mi |
| South Street | Hurlbut St | 2021 | 7,600 | 0.35 mi |
| New Britain Avenue | Woodlawn St | 2018 | 22,500 | 0.36 mi |
| New Britain Ave | Woodlawn St | 2012 | 17,100 | 0.36 mi |
| New Britain Avenue | South St | 2021 | 18,800 | 0.40 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
