Featured Project

Pep Boys 15-year guaranteed lease with 3, 5 year options. 6% rent increases every 5 years. Brand new construction completion in May 2023.

• 2% Broker Co-op

• Minimal Landlord Responsibilities: With a NN+ Lease, there are minimal landlord responsibilities (roof, exterior walls and parking replacement only if properly maintain by tenant)

• 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 May

• Surrounding Developments: Subject property is on an outlot of a planned multifamily, and retail development that continues to grow.

• Dense Surrounding Population: Subject property is surrounded by single and multi-family developments.

• 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 has grown by 15% in the last 10 years with continued planned growth