Single-Tenant Auto Parts
For Sale
$363,000
104 Johns Rd, Laurinburg, NC 28352
Single-tenant Napa Auto Parts property with remaining lease term and a renewal option.
Property SizeContact for details
Days on Market138
Property Features for 104 Johns Rd
General Information
Standard status
Active
Property subtype
Commercial
Occupancy
100%
Lease Term
±3 YRS
Additional Details
Cap Rate
8%
Building Details
Tenancy
Single
Listed By:
Jaden Katz · License #10401396860 (NY)
(332) 895-3073
Source:
Matthews
Added: Apr 24
Changed: Sep 3
Last Checked: Sep 8 at 3:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jaden Katz
Investment Insights
Based on property information with market context.
This single-tenant retail property is currently occupied by Napa Auto Parts. The offering includes a lease with approximately 3 years and 10 months remaining, along with a 5-year renewal option. Lease provisions also include 1.5% annual increases.
The transaction is supported by a corporate guarantee from Genuine Parts Company. The property is located in Laurinburg, NC, and is described as being positioned on a retail corridor.
Overall, the asset is structured around the existing, single-tenant tenancy with specified lease term and renewal mechanics.
The transaction is supported by a corporate guarantee from Genuine Parts Company. The property is located in Laurinburg, NC, and is described as being positioned on a retail corridor.
Overall, the asset is structured around the existing, single-tenant tenancy with specified lease term and renewal mechanics.
Key Highlights
- Single‑tenant Napa Auto Parts building built in 2006
- $32,400 NOI and an 8.0% cap rate listed
- About 3 years 10 months remaining on the lease
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
335
Businesses Nearby
153k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 78%
Shops & Services 22%
McDonald's
Dining
39,239 visits/mo
0.3 miles
Burger King
Dining
22,191 visits/mo
0.4 miles
Bojangles' Famous Chicken 'n Biscuits
Dining
19,382 visits/mo
0.3 miles
Arby's
Dining
13,354 visits/mo
0.4 miles
Pizza Inn
Dining
13,218 visits/mo
0.3 miles
Demographics for 28352, NC
24,940
Population
9,803
Households
2.5
Avg Household Size
41
Median Age
16%
College-Educated
81%
High-School Grad
125.2 sq mi
ZIP Area
199
Density / Sq Mi
$41,635
Median Household Income
$31,017
Median Earnings
$771
Median Rent
$112,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Single-tenant Napa Auto Parts property with remaining lease term and a renewal option.
Where is this retail space located?
The property is located at 104 Johns Rd Laurinburg, NC.
What is the asking price?
The asking price for this property is $363,000.
What are key features of this property?
This property features: Single‑tenant Napa Auto Parts building built in 2006; $32,400 NOI and an 8.0% cap rate listed; About 3 years 10 months remaining on the lease
