Pep Boys In Noblesville
Noblesville, Indiana
Property Overview
FULL ADDRESS
5980 Promenade Shops Blvd, Noblesville, Indiana 46062SIZE
6,936 Square FeetPROPERTY TYPE
RetailSimilar properties
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- Minimal Landlord Responsibilities: With a NN Lease, there are minimal landlord responsibilities
- Corporate Lease: This is a corporate location with Pep Boys operating and paying the rent
- Rental Increases: 6% every 5 years during the Base Term and Option Terms
- New Construction: Brand New 15-year lease, delivery date set for December
- Surrounding Developments: Subject property is on an outlot of a planned 90,000 sf Meijer Grocery and fuel center and across the street from a 34-acre,$72M project consisting of single-family, multifamily, and retail (including a C-Store and Crew Carwash).
- Dense Surrounding Retail Area: Subject property is surrounded by established retailers including CVS Pharmacy, Speedway, and McDonald's.
- Sought After Retail: Auto service providers are sought after retail investments due to thier ecommerce proof business structure and defense against recessions with business often times improving during downturn turns in the economy
- High Growth Market: The population in a three mile radius of this store is expected to grow by over 13% in the next 5 years