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Auto Service - Gas-Conv

Pep Boys

3510 N Rancho Dr, Las Vegas, NV 89130

Listing Price: $1,709,000

Cap Rate
6.00%
Tenant Name
Pep Boys
Years Remaining On Lease
2.2
Gross SF
5,280
Guarantor
Corporate Guarantee
Rentable SF
5,280
Price/Gross SF
$323.67
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$19.43

Investment Overview

This Pep Boys automotive repair center is located at 3510 North Rancho Road between Craig and Cheyenne Avenue in North Las Vegas. This 5,280 square foot building includes three lifts and six bays giving the tenant the ability to provide a full range of automotive repair services to its' customers. The building was built in 1999 and is concrete block construction. Pep Boys first occupied the building in September of 2013 and extended the lease terms twice for 5 years showing its' commitment to the location. The lease is backed by JBRE, LLC, a subsidiary of Icahn Enterprises Holdings, L.P.

Investment Highlights

  • Pep Boys, with over 1,000 locations nationwide has occupied the property for over 10 years and has extended the lease twice, showing its' commitment to the location
  • The property is located right out on Rancho Road with excellent visibility to passing north and south bound traffic.
  • Pep Boys is a subsidiary of Icahn Enterprises Holdings, L.P.
  • The building includes three lifts and six bays giving the tenant the ability to offer a broad range of automotive repair services.

Exclusively Listed By

Auto Service - Gas-Conv

Pep Boys

Listing Price: $1,709,000

Cap Rate
6.00%
Tenant Name
Pep Boys
Years Remaining On Lease
2.2
Gross SF
5,280
Guarantor
Corporate Guarantee
Rentable SF
5,280
Price/Gross SF
$323.67
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$19.43

Investment Highlights

  • Pep Boys, with over 1,000 locations nationwide has occupied the property for over 10 years and has extended the lease twice, showing its' commitment to the location
  • The property is located right out on Rancho Road with excellent visibility to passing north and south bound traffic.
  • Pep Boys is a subsidiary of Icahn Enterprises Holdings, L.P.
  • The building includes three lifts and six bays giving the tenant the ability to offer a broad range of automotive repair services.

Investment Overview

This Pep Boys automotive repair center is located at 3510 North Rancho Road between Craig and Cheyenne Avenue in North Las Vegas. This 5,280 square foot building includes three lifts and six bays giving the tenant the ability to provide a full range of automotive repair services to its' customers. The building was built in 1999 and is concrete block construction. Pep Boys first occupied the building in September of 2013 and extended the lease terms twice for 5 years showing its' commitment to the location. The lease is backed by JBRE, LLC, a subsidiary of Icahn Enterprises Holdings, L.P.

Exclusively Listed By

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