NAPA Auto Parts 5511 North Texas Boulevard
Weslaco, TX 78596
For Sale
6,400 sqft
Sale Price
$995,000
Brochure
Map
Retail For Sale - Available Immediately
$995,000 | 7.28% CAP RATE | 6,400 SF | NNN LEASE
Get in touch
Ernest Garza
Corporate Credit Tenant with National Brand Recognition
The Property is leased to Genuine Parts Company (NYSE: GPC), the parent
company of NAPA Auto Parts and a leading global distributor of automotive
replacement parts. The corporate lease structure provides investors with the
security and credit strength of a publicly traded company operating one of the
nation's most recognized automotive parts brands.
Attractive Basis Below Replacement Cost
Offered at $995,000, the Property is priced at approximately $155.47 per square
foot, representing an attractive entry point below the estimated cost to develop a
comparable automotive retail facility in today's construction environment.
Stable Income Through Lease Expiration
The Property generates a projected 2027 Net Operating Income (NOI) of $72,420,
providing investors with stable income through the lease expiration on November
30, 2027.
Recent Capital Improvements
Ownership has completed significant recent improvements, enhancing the
condition of the asset and reducing future capital expenditure requirements,
including:
• Parking Lot Seal Coating Completed December 2024
• New TPO Roof Installed May 2025
Established Automotive Aftermarket Brand
NAPA Auto Parts is one of the most established and recognized names in the
automotive parts industry, serving professional mechanics, commercial fleets,
and retail customers through an extensive nationwide network.
The Property is leased to Genuine Parts Company (NYSE: GPC), the parent
company of NAPA Auto Parts and a leading global distributor of automotive
replacement parts. The corporate lease structure provides investors with the
security and credit strength of a publicly traded company operating one of the
nation's most recognized automotive parts brands.
Attractive Basis Below Replacement Cost
Offered at $995,000, the Property is priced at approximately $155.47 per square
foot, representing an attractive entry point below the estimated cost to develop a
comparable automotive retail facility in today's construction environment.
Stable Income Through Lease Expiration
The Property generates a projected 2027 Net Operating Income (NOI) of $72,420,
providing investors with stable income through the lease expiration on November
30, 2027.
Recent Capital Improvements
Ownership has completed significant recent improvements, enhancing the
condition of the asset and reducing future capital expenditure requirements,
including:
• Parking Lot Seal Coating Completed December 2024
• New TPO Roof Installed May 2025
Established Automotive Aftermarket Brand
NAPA Auto Parts is one of the most established and recognized names in the
automotive parts industry, serving professional mechanics, commercial fleets,
and retail customers through an extensive nationwide network.
CBRE is pleased to present the exclusive opportunity to acquire
a NAPA Auto Parts located at 511 N. Texas Boulevard in Weslaco,
Texas. Leased to Genuine Parts Company (NYSE: GPC), the publicly
traded parent company of NAPA Auto Parts, the property is offered
at $995,000, or approximately $155.47 per square foot, providing
an opportunity to acquire a corporate-leased asset at a basis
below typical replacement cost. Positioned along North Texas
Boulevard, a primary Weslaco commercial corridor, the property
benefits from visibility, accessibility, and exposure to the growing
Rio Grande Valley market.
a NAPA Auto Parts located at 511 N. Texas Boulevard in Weslaco,
Texas. Leased to Genuine Parts Company (NYSE: GPC), the publicly
traded parent company of NAPA Auto Parts, the property is offered
at $995,000, or approximately $155.47 per square foot, providing
an opportunity to acquire a corporate-leased asset at a basis
below typical replacement cost. Positioned along North Texas
Boulevard, a primary Weslaco commercial corridor, the property
benefits from visibility, accessibility, and exposure to the growing
Rio Grande Valley market.
Total Space Available
6,400 sqft
Sale Price
$995,000
Get in touch
Ernest Garza