06074 Archives | Sands Investment Group

Sands Investment Group is Pleased to Exclusively Offer For Sale the 7,103 SF of NAPA Auto Parts, Automotive NN Lease Investment Opportunity, Located at 701 835 John Fitch Blvd in South Windsor, Connecticut. This Opportunity Includes a Brand New 5 Year Corporate Lease With a Long-Term Operating History, Providing For a Secure Investment.

Brand New 5 Year Corporate Lease Signed With Tenant – NAPA Auto Parts (Genuine Parts Company), the Largest Global Auto Parts Network
Long Term History – Genuine Parts Co. (NAPA) Has Been at the Property Since 2002 While the Building Has Operated as an Auto Parts Retailer Since 1957
New Roof With 20-Year Warranty – A Brand New Roof Was Installed in March 2021
Building in Excellent Condition – The Parking Lot Has Been Recently Repaved and HVAC Systems Recently Renovated
Below Market Rent – The Tenant is Paying Just $8 Per SF in Gross Rent; The Market’s Average Rent is $16 Per SF
Property Features – 7,103 SF Building, 0.81 Acres and 24 Parking Spaces
Essential Business – Open and Paying Rent Throughout the Pandemic
NAPA Auto Parts – Historically Performs Very Well in Recessionary Environments Due to Increase in Age of Vehicles and DIY Repairs
Tenant Responsible – For All Day-to-Day Maintenance of the Grounds, Including Snow Plowing and Trash Removal
Strong Demographics – Population of 118,226 Residents Making an Average Household Income of $87,148 Within a 5-Mile Radius
Nearby Tenants Include – McDonald’s, Home Depot, Target, Stop & Shop, Hobby Lobby, Lowe’s, Total Wine & More, Big Lots, Michaels and Many More