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Pep Boy's, Lindenhurst, NY

222 E Montauk Hwy, Lindenhurst, NY 11757

Listing Price: $2,100,000

Cap Rate
5.50%
Tenant Name
Pep Boys
Years Remaining On Lease
3.4
Gross SF
5,000
Guarantor
Corporate Guarantee
Rentable SF
5,000
Price/Gross SF
$420.00
Lease Type
Double Net
Rent Per Square Feet
$22.90

Investment Overview

Marcus & Millichap is pleased to present an exceptional investment opportunity with Pep Boys, a trusted name in automotive maintenance and repair since 1921. This 5,000 square foot property is situated on 0.52 acres on the highly coveted retail corridor. Located at 222 Montauk Hwy, Lindenhurst, on the bustling Montauk Highway, this site benefits from high visibility and traffic (25,000 VPD). The NN lease, currently in the first of three 5-year options, features minimal landlord responsibilities and attractive rental increases every 5 years, ensuring growing returns. With a 5-mile population of over 234K and an average household income of $138K+, this location promises phenomenal demographics and a lucrative investment.

Investment Highlights

  • This 5,000 square foot property is situated on 0.52 acres on the highly coveted retail corridor
  • Located at 222 Montauk Hwy, Lindenhurst, on the bustling Montauk Highway, this site benefits from high visibility and traffic (25,000 VPD)
  • NN lease, currently in the first of three 5-year options, features minimal landlord responsibilities and attractive rental increases every 5 years
  • 5-mile population of over 234K and an average household income of $138K+

Exclusively Listed By

Auto Parts

Pep Boy's, Lindenhurst, NY

Listing Price: $2,100,000

Cap Rate
5.50%
Tenant Name
Pep Boys
Years Remaining On Lease
3.4
Gross SF
5,000
Guarantor
Corporate Guarantee
Rentable SF
5,000
Price/Gross SF
$420.00
Lease Type
Double Net
Rent Per Square Feet
$22.90

Investment Highlights

  • This 5,000 square foot property is situated on 0.52 acres on the highly coveted retail corridor
  • Located at 222 Montauk Hwy, Lindenhurst, on the bustling Montauk Highway, this site benefits from high visibility and traffic (25,000 VPD)
  • NN lease, currently in the first of three 5-year options, features minimal landlord responsibilities and attractive rental increases every 5 years
  • 5-mile population of over 234K and an average household income of $138K+

Investment Overview

Marcus & Millichap is pleased to present an exceptional investment opportunity with Pep Boys, a trusted name in automotive maintenance and repair since 1921. This 5,000 square foot property is situated on 0.52 acres on the highly coveted retail corridor. Located at 222 Montauk Hwy, Lindenhurst, on the bustling Montauk Highway, this site benefits from high visibility and traffic (25,000 VPD). The NN lease, currently in the first of three 5-year options, features minimal landlord responsibilities and attractive rental increases every 5 years, ensuring growing returns. With a 5-mile population of over 234K and an average household income of $138K+, this location promises phenomenal demographics and a lucrative investment.

Exclusively Listed By

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