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Pep Boys 8705 N Dale Mabry Hwy 4,756 SF Retail Building Tampa, FL 33614 $3,107,503 CAD ($653.39 CAD/SF) 6.50% Cap Rate
Investment Highlights
- The property is secured by a long-term, corporate-backed lease that includes fixed 10% increases throughout each of the three, 5-year option periods
- The lease is Absolute NNN making it completely passive.
- The ±4,757 SF 6-bay automotive building is situated on a ±0.65-acre parcel
- Ideally located on N Dale Mabry Hwy experiencing 70,500 VPD.
Executive Summary
Kyle Matthews
License # CQ1066435 (FL)
Matthews
1600 West End, Ste. 1500 Nashville, TN 37203
License # CQ1066435 (FL)
Matthews
1600 West End, Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,756 SF
Building Class
B
Year Built/Renovated
1983/2015
Price
$3,107,503 CAD
Price Per SF
$653.39 CAD
Cap Rate
6.50%
NOI
$202,063 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.65 AC
Zoning
CG, County - CG
Frontage
65’ on N Dale Mabry Hwy
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- Aug 2030
Pep Boys began in 1921 when four Navy veterans opened an auto parts store in Philadelphia. Originally called Pep Auto Supply, the founders later renamed it after themselves. The company grew from a single location into a national chain offering tires, maintenance services, and repairs. Over the decades, Pep Boys expanded its service offerings while maintaining its core focus on automotive needs. Today, the company operates numerous service centers across multiple states providing comprehensive vehicle solutions to customers.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | Aug 2030 |
Nearby Major Retailers
Property Taxes
| Parcel Number | U-21-28-18-ZZZ-000000-94890.0 | Improvements Assessment | $1,137,064 CAD |
| Land Assessment | $1,115,898 CAD | Total Assessment | $2,252,962 CAD |
Property Taxes
Parcel Number
U-21-28-18-ZZZ-000000-94890.0
Land Assessment
$1,115,898 CAD
Improvements Assessment
$1,137,064 CAD
Total Assessment
$2,252,962 CAD
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Pep Boys | 8705 N Dale Mabry Hwy
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