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Virtual Drive-By

NAPA Auto Parts NN

628 S Columbia St · Bogalusa, LA 70427 · Auto Parts / Service

Asking price
$556,800
Cap rate
7.50%
NOI
$41,760

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Lease

Lease typeNN
Term remaining3.7 yrs
Expiration03/2030
Rent bumps±2% Annual Increases Starting in 2027, ±2% Annual Increases in options
OptionsTwo, 5-Year Options
Ground lease—
Credit profile—
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF5,760
Price / SF$97
Year built1955
Lot size0.68 ac
TypeStorefront, Automotive
Days on market157

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

Net Lease with Annual Increases

NAPA’s net lease features ±4.1 years of term remaining with ±2% annual rent increases starting in 2027 and continuing throughout the two, 5-year renewal options.

Excellent Access & Visibility

Situated approximately 59 miles northeast of New Orleans, NAPA is located along South Columbia Street (7,155 VPD), approximately 1,000 feet from LA-21/Sullivan Drive (9,302 VPD), which provides convenient north-south connectivity, linking Bogalusa and extending south to New Orleans.

Strategic Location

NAPA is immediately adjacent to Bogalusa Title Bureau and Bogalusa Rehabilitation Hospital. Other proximate traffic drivers include Central Elementary School (enrollment: 300), International Paper, Planet Wingz, Gabby Cakes, NaBogue’s, Zellco Federal Credit Union and L&T Seafood, among others.

Primary Retail & Commercial Corridor

The site benefits from its location within Bogalusa’s primary retail and commercial corridor, with 1.4 MSF of retail and 1.0 MSF of industrial within a 3-mile radius of the site. Major tenants within the vicinity include Walmart Supercenter, McDonald’s, Sonic Drive-In, Tractor Supply Company, Burger King, Popeye’s Louisiana Kitchen, Pizza Hut, Hardee’s, Domino’s Pizza, CVS, Dollar General and Citi Trends.

Proximate to Traffic Drivers

NAPA is within three miles of several traffic drivers, including Bogalusa Country Club (<1 mile north), Our Lady of the Angels Hospital (48 beds, 1.05 miles northwest) and Bogalusa Airport (2.30 miles north), to name a few.

Property overview

Situated approximately 59 miles northeast of New Orleans, NAPA is located along South Columbia Street (7,155 VPD), approximately 1,000 feet from LA-21/Sullivan Drive (9,302 VPD), which provides convenient north-south connectivity, linking Bogalusa and extending south to New Orleans.​ NAPA’s net lease features ±4.1 years of term remaining with ±2% annual rent increases starting in 2027 and continuing throughout the two, 5-year renewal options.​ NAPA is immediately adjacent to Bogalusa Title Bureau and Bogalusa Rehabilitation Hospital.​ Other proximate traffic drivers include Central Elementary School (enrollment: 300), International Paper, Planet Wingz, Gabby Cakes, NaBogue’s, Zellco Federal Credit Union and L&T Seafood, among others.​

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Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.