Temple, TX - Napa Auto Parts

Description:

• Over 13 years of primary lease term remaining
• The lease features a 8% rent increase at the beginning of Year 9
• Founded in 1925, Napa Auto Parts, a subsidiary of the Genuine Parts Company, is a leading provider of automotive parts and accessories
• The building recently had a new roof installed

• Napa is at the hard corner intersection of W. Ave M (6,100 VPD) and S. 29th Street
• The site is located 1 mile off Interstate 35 (113,600 VPD), providing direct on/off ramp access for travelers
• The property is 1.5 miles from the Temple Mall, a 576,000 regional mall and one of the largest shopping centers in Temple, the mall has anchor tenants: Dillard’s, Floor and Decor, Premiere Cinemas, and Planet Fitness
• The property is also close to the Market Place Shopping Center a 279,000 SF center with anchor tenants: H-E-B, Kohl’s, Bealls, Party City, and Dollar Tree
• Less than one mile from the subject is the Baylor Scott & White Medical Center, a 636 bed teaching hospital
• The asset has excellent visibility via street frontage providing ease and convenience for customers

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Listing ID: a28TP000002LwsfYAC