Listed by The Dunham Group
$2,116,000
FREESTANDING NEW NAPA STORE
Details
Property Type Retail
Sub Type Storefront, Auto Shop
Square Footage 7,500
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 8
Lease Expiration 08/31/2033
Remaining Term 8
Rent Bumps Yes
Lease Options 3, 6-year options to renew
Class A
Year Built 2025
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 08/23/2026
Ground Lease No
Ownership Fee Simple Ownership
Retail Investment | 7,500 SqFt NNN Lease, NAPA
Marketing description
Freestanding New NAPA Store located at 29 Ossipee Trail East, Standish, Maine. This is a new construction property built in 2025 with 7,500 square feet. The property features a corporate-guaranteed lease with Genuine Auto Parts, which operates 6,000 NAPA stores in the United States. The lease is structured as NNN with an 8-year initial term and 3 six-year options to renew.
Investment highlights
- New Construction 2025
- Fee Simple Ownership
- Corporate Guarantee : GAP operates 6,000 NAPA stores in the United States
Listing Contacts
Listed by The Dunham Group
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