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SRS Real Estate Partners br...

Napa Auto Parts Retail Portfolio Sells In $21M Deal With John Redfield As The Broker
SOLDRetail

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:

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.

Players

John Redfield

SRS Real Estate Partners

Broker

$596.9M

vol

14 deals

Broker

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