Pep Boys

Northern California, CA
$4,160,120 · 5.00% CAP · 10 Yr. Lease · Single Tenant Net Lease


Northern California, CA

Absolute NNN Lease
Sale Price: $4,160,120
CAP Rate: 5.00%
Net Operating Income: $208,006
Building Size: 18,571 SF
Lot Size: 2.55 AC
Market: Northern California
Options: Tenant has Four 5-Year Options to Renew

This offering is 100% leased to Pep Boys under an absolute triple net lease. The lease is flat in the initial ten year term with four 5 year options to renew. The asset is well situated on a major commercial thoroughfare, surrounded by major retailers including Wendy’s, 7-Eleven, Starbucks and McDonald’s.

Lodi is a city located in San Joaquin County, California, in the northern portion of California’s Central Valley. The population was 62,134 at the 2010 census. Its estimated population as of July 1, 2013 was 63,338. Lodi is best known for being a center of wine production (the “Zinfandel Capital of the World”). Nearby Woodbridge is the home of the well known winery, Woodbridge by Robert Mondavi. Mondavi grew up in Lodi, and Mondavi Winery is considered one of the most influential in the American wine industry.

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Presented By

Jacob Abusharkh

Managing Principal

BRE# 01385529

Jacob Abusharkh is the Managing Principal and co-founder of The Kase Group (TKG). TKG specializes in the sale of single and multi-tenant net leased retail and industrial assets across the country. Prior to going independent of SVN, TKG was one..