NAPA Auto Parts — Sale in Mcallen, TX

  • Price: $2.9M
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Mcallen, TX 78501

Photos

NAPA Auto Parts — Sale in Mcallen, TX, photo 1 of 3
NAPA Auto Parts — Sale in Mcallen, TX, photo 2 of 3
NAPA Auto Parts — Sale in Mcallen, TX, photo 3 of 3

Description

$2.895 MILLION | 6.85% CAP RATE | 22,500 SF | NNN LEASE Corporate Credit Tenant with National Brand Recognition • Leased to Genuine Parts Company (NYSE: GPC), the parent company of NAPA Auto Parts, one of the largest and most recognized automotive aftermarket distributors in North America. • Corporate tenancy provides stronger creditworthiness compared to franchisee or local operator leases. • Essential-service automotive use has historically demonstrated resilience through economic cycles. Attractive Basis Well Below Replacement Cost • Offering price of $2.895 million translates to approximately $128.67/SF for a 22,500 SF facility. • Large-format retail/warehouse buildings on infill sites are increasingly difficult and expensive to develop due to rising construction, labor, and land costs. • Opportunity to acquire a functioning commercial asset at a basis that may be favorable relative to replacement cost. Multiple Exit Strategies at Lease Expiration • Approximately 15 months remaining on the current lease term through November 30, 2027. • Potential outcomes include: • Lease renewal with NAPA – Re-tenanting at market rents – Owner-user acquisition opportunity – Redevelopment or repositioning of the site • Flexibility broadens the potential buyer pool and creates opportunities to increase asset value.

Market Context

This retail in Mcallen, TX is listed for sale at $2,895,000. Compare it against other retail listings for sale in Mcallen, TX — view the full market.

First seen on CREHunt: Aug 30, 2026

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