65 S State St Hart, MI 49420
Property Features for 65 S State St
General Information
- Size
- 3,000 SF
Source:
Svn
Listing Agent: Dan Stewart, Ccim
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
NAPA Auto Parts Investment Property
This offering presents the opportunity to acquire a modified gross, corporate guaranteed, single-tenant NAPA investment property in Hart, MI. Genuine Auto Parts (NYSE; GPC), the parent company of NAPA Auto Parts and a Fortune 200 company with annual revenue of $24B, acquired the Hart, MI location in 2021. The property has a long operating history, with 60 years of continual occupancy since 1962. The location is well-known and recognized by area businesses and residents for its long-standing presence on Main Street. Genuine Parts Company (GPC) recently executed a three-year lease renewal for the Hart location, effective June 2025, with one 3-year renewal option that includes a 5% rent increase. The property is located off US-31 between Grand Rapids, MI, and Traverse City, MI, offering excellent visibility on Main Street in the historic downtown central business district. Convenient parking is available along Main Street and in the public lot directly behind the NAPA store. The property size is 3,000 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Napa Auto Parts
Auto Parts Store
Similar Places Nearby
Mike's Auto Body, Mike's City Services, Steve's Auto & Truck, Louis Gelder & Sons Co.
Location Insight
- Map
- Local Demand
- City
- Hart
- County
- Oceana
- State
- Michigan
- Longitude
- -86.363908
- Latitude
- 43.702663
Nearby Similar for Sale
FAQs
What type of property is this?
Auto shop - Single tenant NAPA investment property in Hart, MI for sale.
Where is this auto shop located?
The property is located at 65 S State St Hart, MI.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: - Corporate guarantee from Genuine Auto Parts (NYSE: GPC), a Fortune 200 company with a BBB investment-grade rating.; - Long-term tenant: NAPA has occupied the location for over 60 years (since 1962).; - Rare corporate lease with a recently executed three-year renewal effective June 2025, plus one 3-year renewal option with a 5% rent increase.