Napa Auto Parts Retail Portfolio Sells In $21M Deal With John Redfield As The Broker
$21,000,000
$253/SF
Building Size
83,000 SF
Asset Type
Retail
Closing
Jun 23, 2022
AI
The Napa Auto Parts Retail Portfolio, located in Florida, Ohio, and Georgia, is up for sale. The property, comprising retail assets, has a total area of 83,000 square feet. John Redfield, from the National Net Lease Group at SRS Real Estate Partners, is the broker handling the sale.
Summary of transaction details:
- Property Type: Retail
- Sale Price: $21,000,000
- Price Per Square Foot: $253
- Date of Transaction: 06/23/2022
- Market: Florida, Ohio & Georgia
- Image: John Redfield
- Broker: John Redfield - National Net Lease Group - SRS Real Estate Partners
This transaction was completed on 06/23/2022, with a sale price of $21,000,000. The property, which has a total area of 83,000 square feet, is situated in Florida, Ohio, and Georgia. John Redfield, representing the National Net Lease Group at SRS Real Estate Partners, served as the broker in this deal.
Market Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.76%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93