10733 N Main St - Freestanding FOR SALE


Jacksonville, FL 32218
$1,257,158 USD
786-306-7259
10733 N Main St, Jacksonville, FL for Sale
$1,257,158 USD
Freestanding - FOR SALE
1/9
null | 5.75% Cap Rate

10733 N Main St
Jacksonville, FL 32218


HIGHLIGHTS

  • Below-market rent NAPA Auto Parts corporately guaranteed by Genuine Parts Company (NYSE: GPC). GPC ranks #292 on Forbes' list of top U.S. companies.
  • Absolute NNN lease originally executed in 1994; NAPA Auto Parts has successfully operated at this location for over 30 years.
  • NAPA Auto Parts exercised its lease renewal option early in 2022 and committed over $105,000 in capital improvements.
  • Situated at the signalized intersection of Busch Dr and Main St, the property offers excellent visibility with prominent pylon signage, 42,000 VPD.
  • Directly across from the Anheuser-Busch Brewery—one of the company’s top three U.S. production facilities.
  • Surrounded by over 50 million square feet of industrial warehouse and distribution facilities, proximity to major tenants like Amazon, Kroger, Costco.

OVERVIEW

Marcus & Millichap is pleased to present a premier net-leased investment opportunity featuring NAPA Auto Parts, operating under a below-market rent structure and backed by a corporate guarantee from Genuine Parts Company (NYSE: GPC). GPC ranks #292 on Forbes’ list of top U.S. companies, holds a BBB credit rating from S&P, and reported 2024 revenues exceeding $23.49 billion—affirming the strength and stability of the guarantor. The property is secured by an absolute NNN lease originally executed in 1994, with NAPA Auto Parts successfully operating at this location for over 30 years. In a strong show of commitment, the tenant exercised its lease renewal option early in 2022 and invested over $105,000 in capital improvements, including the full replacement of the roof and HVAC systems. This proactive investment underscores the tenant’s long-term operational success and dedication to the site. Strategically positioned at the signalized intersection of Busch Drive and Main Street, the property benefits from excellent visibility, prominent pylon signage, and exposure to more than 42,000 vehicles per day. It sits directly across from the Anheuser-Busch Brewery—one of the company's top three U.S. production facilities—on a 205-acre campus employing over 1,000 workers and capable of producing up to 9 million barrels annually. Additionally, the property is surrounded by more than 50 million square feet of industrial warehouse and distribution facilities, placing it in the heart of Jacksonville’s thriving logistics and industrial corridor. This premier location is supported by a robust local workforce, well-aligned with the demands of industrial and distribution-based tenants, further enhancing the long-term viability of the asset.

FOR SALE DETAILS

PRICE

$1,257,158 USD

PRICE/SF

$157 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Napa Auto Parts

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,700 SF

ZONING

CCG-2, County

APN/PARCEL ID

108548-0100

ASK ABOUT THIS PROPERTY

Jonathan De La RosaMarcus & MillichapMore Info
786-306-7259

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Jonathan De La RosaMarcus & MillichapMore Info
786-306-7259

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.