3.5% Annual Increases: Ownership signed a 10-year sale leaseback with Genuine Parts in January of 2025 including extremely rare 3.5% annual increases throughout the base term and option period, providing an investor with a significant hedge against inflation in comparison to alternative net lease investments.
Distribution Facility: This location was the primary and flagship facility for Country Motor Parts prior to Genuine Parts Company’s acquisition. The building was used as a centralized distribution facility for five other stores throughout the Imperial Valley with a 5,000 square foot retail/sales floor and approximately 25,000 square feet of warehouse space including a double decked 7,000 square feet portion making this entire space over 30,000 square feet under roof.
Excellent Visibility: Located at the corner of Emerson Ave and McKinley St, the property has visibility to over 20,000 vehicles daily and is located within a high-traffic commercial area in Calexico, California, near the U.S.-Mexico border, benefiting from significant cross-border commerce.
Passive Lease Structure: The lease offers minimal landlord maintenance responsibilities where the landlord is only responsible for the maintenance and replacement of the roof, exterior walls, structural supports, foundations, and underground utility lines serving the Premises.