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Pep Boys | Chico, CA 1555 Mangrove Ave 18,196 SF 100% Leased Retail Building Chico, CA 95926 $3,978,093 CAD ($218.62 CAD/SF) 6% Cap Rate
Investment Highlights
- Single-Tenant Pep Boys Ground Lease (12 Bays): 6 Years Remaining on the Current Term
- Corporate Ground Lease; Zero Landlord Responsibilities
- 10% Increases Every 5 Years
- Tenant Since 1996; History of Long-Term Success
- 2022 Exercise of Two 5-Year Options
- Pep Boys Has Strong Industry Recognition With 850 Locations and $2.4 Billion in Annual Sales
Executive Summary
Property Facts
Amenities
- Pylon Sign
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Manufacturing
- -
- -
- -
Harley-Davidson began in Milwaukee in 1903, when William Harley and Arthur Davidson sold an early motorcycle from the Davidson family backyard. The company has grown into an American motorcycle manufacturer and lifestyle brand with products that include motorcycles, genuine parts, apparel, and accessories. Harley-Davidson also offers motorcycle financing and insurance services, while its electric efforts include LiveWire and electric balance bikes. The business supports riders through dealer sales, test rides, membership programs, and Harley Owners Group activities.
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- Retailer
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Pep Boys began in Philadelphia in the early 1920s as an automotive parts business founded by Emanuel "Manny" Rosenfeld, Maurice "Moe" Strauss, W. Graham "Jack" Jackson, and Moe Radavitz. The company now focuses on tires, automotive repair, maintenance, roadside assistance, towing, and fleet services, serving customers through a nationwide network across the United States and Puerto Rico. Pep Boys employs certified technicians, maintains service bays, and offers vehicle inspections as part of its service model, reflecting a shift from parts retail toward service-centered auto care.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Manufacturing | - | - | - | ||
|
|
Retailer | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 10,010 SF
- Retail
- -
- 30 Days
| Space | Size | Space Use | Position | Available |
| 1st Floor | 10,010 SF | Retail | - | 30 Days |
1st Floor
| Size |
| 10,010 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
Nearby Major Retailers
Property Taxes
| Parcel Number | 003-413-030-000 | Improvements Assessment | $3,119,628 CAD |
| Land Assessment | $529,476 CAD | Total Assessment | $3,649,104 CAD |
Property Taxes
Presented by
Pep Boys | Chico, CA | 1555 Mangrove Ave
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