Pep Boys | 2001 S Pleasant Valley Rd
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Pep Boys 2001 S Pleasant Valley Rd
18,600 SF 48% Leased Retail Building Winchester, VA 22601 $5,906,682 CAD ($318 CAD/SF) 6.25% Cap Rate
Investment Highlights
- Absolute NNN Corporate Pep Boys Lease with Over 8.5 Years Remaining on Primary Term
- Early 10 Year Lease Extension Completed a Couple Years Ago
- 8% Rent Increase Occurs in 3 and 1/2 Years That Increases Cap Rate to a 7 Cap
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Pep Boys located at 2001 S Pleasant Valley Road, Winchester, VA 22601. The site consists of roughly 18,600 rentable square feet of building space on an estimated 2.85-acre parcel of land. This Pep Boys is subject to a 15 Years Triple Net (NNN) lease, which commenced 7/30/2008. The current annual rent is $257,000 and has scheduled increases of 8% every 5 years.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
18,600 SF
Building Class
B
Year Built
1997
Price
$5,906,682 CAD
Price Per SF
$318 CAD
Cap Rate
6.25%
NOI
$369,168 CAD
Percent Leased
48%
Building Height
1 Story
Building FAR
0.15
Lot Size
2.85 AC
Zoning
CM1
Frontage
75 ft on S Pleasant Valley Rd
Amenities
- Pylon Sign
- Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
9,739 square foot retail space available for lease.
Space | Size | Space Use | Position | Available |
1st Floor | 9,739 SF | Retail | End Cap | Now |
1st Floor
Size |
9,739 SF |
Space Use |
Retail |
Position |
End Cap |
Available |
Now |
1 of 1
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1st Floor
Size | 9,739 SF |
Space Use | Retail |
Position | End Cap |
Available | Now |
9,739 square foot retail space available for lease.
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 253-01-25 | Improvements Assessment | $2,439,514 CAD |
Land Assessment | $2,609,311 CAD | Total Assessment | $5,048,826 CAD |
PROPERTY TAXES
Parcel Number
253-01-25
Land Assessment
$2,609,311 CAD
Improvements Assessment
$2,439,514 CAD
Total Assessment
$5,048,826 CAD
1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Pep Boys | 2001 S Pleasant Valley Rd
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