Low rent ($4.14 per SF) // Newly renewed lease
This is a single-tenant retail property occupied by Quality Auto Parts, Inc., an independent NAPA Auto Parts dealer. The tenant executed a new five-year lease term through June 2029, reaffirming its commitment to the location. Offered at $340,000, this represents an affordable basis of approximately $58.62 per square foot. The rent equals roughly $4.14 per square foot annually, creating a strong incentive for the tenant to remain long-term. One additional five-year renewal option provides continued upside for long-term ownership.
Investment highlights
Tenant executed a new five-year term through June 2029, reaffirming its commitment to the location.
Offered at $340,000 — an affordable basis of approximately $58.62 per square foot.
Rent equals roughly $4.14 per square foot annually, creating a strong incentive for the tenant to remain long-term.
One additional five-year renewal option provides continued upside for long-term ownership.
Automotive replacement parts see steady demand as consumers maintain and repair existing vehicles.
Quality Auto Parts has served the Chatsworth and Murray County market as an independent NAPA dealer.