NAPA Auto Parts - Charlotte, MI

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to present for sale the single-tenant NAPA Auto Parts located in Charlotte, MI (the "Property" or "Asset"). The Property is situated along Lansing Street and is adjacent to U.S. Interstate-69, which benefits from its exposure to 30,000+ vehicles per day ("VPD"). The property is occupied by NAPA Auto Parts (the "Tenant"), with ±18-year of WALT, an attractive absolute net lease and 1.00% contractual annual rent increases and four 5-year renewal options. This is an excellent opportunity for investors to acquire a completely-passive, long-term leased asset with attractive investment-grade tenancy from an essential service-based retailer coupled with contractual annual base rent increases.