Marcus & Millichap Sold NAPA Auto Parts Portfolio

A nine-property portfolio of NAPA Auto Parts locations traded hands in a transaction totaling over $15 million.

Updated on Oct. 9, 2026 in Commercial

Marcus & Millichap Sold NAPA Auto Parts Portfolio

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The property investment firm Marcus & Millichap has finalized the $15,025,104 sale of a nine-property NAPA Auto Parts portfolio. The transaction spans 56,976 square feet of retail space across multiple states.

Why it matters

The seller opted to divest the collection of properties following a long period of ownership and a successful tenant lease renewal. This sale highlights the ongoing market interest in single-tenant automotive retail assets.

The transaction covers a total of 56,976 square feet across nine properties. Eight of these locations are held under master leases, while one is subject to a direct lease.

The players

Marcus & Millichap

This commercial real estate brokerage firm provides investment sales, financing, research, and advisory services for real estate investors.

Alex Zylberglait

He is a real estate professional who managed the marketing and brokerage services for the property portfolio sale.

NAPA Auto Parts

This company is a major American retailer of automotive replacement parts, accessories, and service items with thousands of retail locations.

The details

Broker Alex Zylberglait managed the marketing efforts for the seller and coordinated with local brokers of record across eight states. The properties are located in areas including Palmetto, FL, Buford, GA, Southaven, MS, Columbia, S.C., Richmond, VA, Liverpool, N.Y., West St. Paul, MN, and Universal City, TX.

Timeline

  1. The sale of the property portfolio was reported on October 8, 2026.

Culture Shift

This transaction mirrors the trend of managing the NAPA Auto Parts retail footprint of over 6,000 locations by consolidating and monetizing property ownership. It highlights how institutional investors approach large-scale commercial assets in the automotive sector.

The transition of these properties into new ownership is unlikely to change daily operations for local NAPA Auto Parts customers. Shoppers should expect consistent service and parts availability at these nine established retail sites.

The takeaway

Commercial property sales like this one reflect a strategic shift for investors looking to capitalize on stable, long-term tenant agreements. Readers observing local retail centers may note that even as owners change, established brand presence often remains a constant for the community.

Further reading

For more on market activity, visit the United States Commercial section.

Source note: This article includes information reported by NYREJ.

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