1321 1St St Napa, CA 94559
Fully leased retail buildings in downtown Napa for sale.
Property size:
7,320 SFLot size:
0.14 AcresProperty Features for 1321 1St St
General Information
- Standard status
- Active
- Size
- 7,320 SF
- Lot size
- 0.14 Acres
Building Details
- Year built
- 1950
Source:
Corcoran
Listing Agency: W REAL ESTATE Listing Agent: Michael Holcomb
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Napa Retail Investment Opportunity
Offered as a portfolio sale, the Zeller properties at 1321 First St and 920-930 Franklin St in Napa, California, represent a fully leased core retail investment. The asset comprises two separate retail buildings totaling approximately 7,320 square feet, with 1321 First St offering approximately 4,086 square feet and 920 Franklin providing approximately 3,234 square feet. These buildings are divided into six suites situated on two lots totaling approximately 11,818 square feet (0.26 acres). The property is home to six well-performing tenants with a long history at the site. Located in the heart of downtown Napa, the property benefits from a prime location on First St and Franklin St, downtown's busiest streets. The high foot and vehicle traffic along these corridors creates an environment conducive to retail prosperity and has contributed to the success of the existing tenants. This offering presents the opportunity to own a unique, high-performing retail product in a submarket with high barriers to entry, featuring a stabilized tenant base with a passive ownership structure and a 2.65-year weighted average lease term (WALT).
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Napa
- County
- Napa
- State
- California
- Longitude
- -122.287893
- Latitude
- 38.297731
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Fully leased retail buildings in downtown Napa for sale.
Where is this retail space located?
The property is located at 1321 1St St Napa, CA.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: - Prime location in the heart of downtown Napa on First St and Franklin St, benefiting from high foot and vehicle traffic.; - Fully leased core retail investment property with a stabilized tenant base.; - Six well-performing and iconic tenants with a long tenancy history.
