NAPA Auto Parts Retail
For Sale
Contact for pricing
839 Emerson Ave, Calexico, CA 92231
Retail space associated with NAPA Auto Parts’ automotive replacement-parts and accessories business.
Property Size22,000 SF
Price / SF$117.61
Days on Market119
Property Features for 839 Emerson Ave
General Information
Standard status
Active
Size
22,000 SF
Property subtype
Retail, Industrial
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$155,250
Building Details
Year Built
1995
Year Renovated
2026
Buildings
1
Tenancy
Single
Listing Agency:
Matthews
Listed By:
Kevin McKenna · License #742093
Source:
Crexi
Added: May 4
Changed: Aug 30
Last Checked: Aug 30 at 6:21AM
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 Matthews
Investment Insights
Based on property information with market context.
This 22,000-square-foot retail property was constructed in 1995 and is associated with NAPA Auto Parts, a retailer and distributor of automotive replacement parts, accessories, and service items. The business serves both professional repair shops and do-it-yourself consumers.
The property is located at 839 Emerson Ave in Calexico, California. NAPA Auto Parts operates as a subsidiary of Genuine Parts Company, a Fortune 500 company headquartered in Atlanta, Georgia, with a distribution network supporting locations throughout the United States.
The property is located at 839 Emerson Ave in Calexico, California. NAPA Auto Parts operates as a subsidiary of Genuine Parts Company, a Fortune 500 company headquartered in Atlanta, Georgia, with a distribution network supporting locations throughout the United States.
Key Highlights
- 22,000‑square‑foot retail property
- Constructed in 1995
- Associated with NAPA Auto Parts
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$201,439
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,028,780
$4.0M
Cap Rate 7%
$2,877,700
$2.9M
Cap Rate 9%
$2,238,211
$2.2M
Market Conditions
NOI Build-Up for 22,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$314.2K $14.28/SF
− Vacancy
−$26.4K −$1.20/SF
EGI
$287.8K $13.08/SF
− OpEx
−$86.3K −$3.92/SF
NOI
$201.4K $9.16/SF
Area
Imperial County, CA
Vacancy
8.40%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,028,780
Cap Rate 7%
$2,877,700
Cap Rate 9%
$2,238,211
Alternative Uses
Best Use
Retail
$3.76M
$3.29M – $4.39M
NOI $263,340 @ 7.0% cap · market cap 10.18%
Second Best
Industrial
$2.88M
$2.52M – $3.36M
NOI $201,439 @ 7.0% cap · market cap 7.79%
Theoretical Best
Office A
$5.61M
$4.91M – $6.55M
NOI $392,832 @ 7.0% cap · market cap 15.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,082
Businesses Nearby
262k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Shops & Services 29%
Groceries 18%
Apparel 1%
Food 4 Less
Groceries
47,303 visits/mo
0.4 miles
McDonald's
Dining
43,572 visits/mo
0.3 miles
Jack in the Box
Dining
30,236 visits/mo
0.3 miles
Starbucks
Dining
23,617 visits/mo
0.4 miles
Watermill Express
Shops & Services
13,866 visits/mo
0.3 miles
Demographics for 92231, CA
39,542
Population
11,799
Households
3.4
Avg Household Size
36
Median Age
21%
College-Educated
65%
High-School Grad
68.6 sq mi
ZIP Area
576
Density / Sq Mi
$50,114
Median Household Income
$26,738
Median Earnings
$1,049
Median Rent
$281,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space associated with NAPA Auto Parts’ automotive replacement-parts and accessories business.
Where is this retail space located?
The property is located at 839 Emerson Ave Calexico, CA.
What is the asking price?
The asking price for this property is $2,587,500.
What are key features of this property?
This property features: 22,000‑square‑foot retail property; Constructed in 1995; Associated with NAPA Auto Parts
