NAPA Auto Parts NNN Property For Sale — Junction City, OR
760 Ivy St, Junction City, OR 97448
This NAPA Auto Parts property, located in the Eugene, OR MSA, presents a compelling investment opportunity. The tenant recently executed a brand-new 10-year NNN lease, demonstrating a strong commitment to the site and providing investors with stable, predictable cash flow. The lease features attractive 2.5% annual rent increases throughout the initial term and option periods, offering a reliable hedge against inflation.The property is leased to TWGW, Inc. (Wilson's Auto Parts), a highly successful NAPA Auto Parts operator with nearly 40 years of experience and over 20 locations across Northwest Oregon and Southwest Washington. This location is a top performer, ranking in the top 25% of all NAPA Auto Parts stores nationwide, underscoring its operational strength and consistent customer dem…
- Address: 760 Ivy St, Junction City, OR 97448
- Asking price $1.08M
- 6.25% cap rate
- NOI $67,313
- 8.7 years remaining
- NNN lease
- Year built: 1937
- Building size: 6,862 SF
- Lot size: 0.39 acres
- Lease expiration: May 31, 2035
- Rent increases: 6/1/2025 - 5/31/2026: $67,343; 6/1/2026 - 5/31/2027: $69,026; 6/1/2027 - 5/31/2028: $70,752; 6/1/2028 - 5/31/2029: $72,521; …
- Guarantor: Corporate
Location
This NAPA Auto Parts property is at 760 Ivy St in Junction City, Oregon.
Asset type: Retail