NAPA Auto Parts · 2 months ago
Supply Chain Real Estate Manager
Atlanta, GA, USA
Full-time
Hybrid
Senior Level
7+ years expNAPA Auto Parts is looking for a Real Estate Manager who will be responsible for their new store expansion strategy, from site searches to contract negotiations. This role involves evaluating new store sites and performing market analysis to determine store profitability and its impact on current stores.
AutomotiveIndustrialMachinery Manufacturing
Responsibilities
Develops and implements market planning, lease negotiations, and lease execution in several markets nationwide resulting in new store openings
Interfaces with landlords, developers, real estate professionals, store operations, and senior management to effectuate strategies by opening new stores
Engages brokers to help implement new store expansion strategy including managing broker relationships, bringing in new sites, drafting letters of intentions, and creating brief summaries of deal. Acts as a liaison between company and broker on issues regarding real estate
Identifies markets and trade areas for strategic store placements by performing market analysis including evaluating market competitors and projecting market sales and volume. Reviews current company footprint including proximity to company stores, evaluating how new store will affect other store profitability and determining if the new store would add to bottom line
Utilizes financial models and store operating proformas to predict stores performance and determine store profitability
Drafts and negotiates letters of intent, leases, and related documents by working with landlords. Negotiates contract terms and landlord responsibilities. Reviews and approves documents for accuracy and works with legal to create finalized document
Explains real estate and lease circumstances to field managers as needed including lease interpretation as questions arise
Works with field operations team to prepare real estate approval packages for all new and relocated sites, including executive summary, proformas, competitor information, market data, etc. Estimates property value by researching and analyzing property information for market comps, acquisitions, and financial audits
Conducts ad hoc analysis quickly with high degree of accuracy including calculating market rents for upcoming store purchases, producing reports for senior and executive team, as well as reports relating to market value comparative analysis and subleases
Performs other real estate tasks as directed
Qualification
Required
7+ years of experience with retail site selection in a multi-unit corporate environment development in high growth situations
Experience developing and following Real Estate and/or Development and Construction department procedures
Ability and experience in estimating retrofit and build out costs
Experience in the managing of refurbishments or construction projects is a plus
Bachelor's degree or equivalent, preferably in real estate, business administration, or related field
Proficiency with the Microsoft Office Suite (Excel, Word, and PowerPoint)
Understanding of real estate laws, practices, calculations and experience in the negotiation of real estate contracts
Strong analytical skills including the ability to perform market analysis, calculate figures amounts relating to real estate leases and related occupancy costs (e.g., taxes, insurance and common area costs)
Strong attention to detail
Proven track required in identifying, securing, and delivering sites in multiple metropolitan markets required in a fast paced work environment
Knowledge of the process of taking site form market research and planning through to the final lease negotiation and site permitting
Proven record with managing multiple cross functional business relationships with internal and external parties
Project management skills with a structured, methodical, and analytical work approach
Independent worker who is flexible and reliable with strong communicative skills and a hands-on work approach
Ability to prioritize and handle multiple assignments at any given time while maintaining commitment to deadlines
Must possess advanced negotiation skills and the ability to verbally express thoughts in a logical, persuasive manner
Travel up to 50% of the time
Company
NAPA Auto Parts
Through nearly 6,000 auto parts stores and over 16,000 auto care and collision centers in the U.S., NAPA has America’s largest network of parts and care.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Dean Moore
Director, CEO Dean's Auto Parts
Jamie Walton
Executive Vice President, Chief Merchandising Officer
Recent News
2025-10-29
2025-10-10
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