Property Details

Pep Boys

Germantown, MD
Property ID: 11132

Financial Summary

Asking Price $7,941,504
Cap Rate 5.85%
Net Operating Income (NOI) $464,578
Lease Type NNN
Increases 1.5% Every Year
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Contact

Rick Fernandez
Senior Managing Director
703.787.4732

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Highlights

  • Pep Boys corporate guaranty
  • 2.3 acre parcel in the heart of Montgomery County retail corridor
  • High barriers to entry
  • 11 car repair bays
  • Long-term operating history with rock-solid sales far above national average
  • $124,017 average HH Income
  • Located on major commuter routes with 53,000 VPD on Frederick Road & Ridge Road
  • In 900,000+/- sf near fully leased Milestone Center anchored by Target, Kohl’s, Walmart, The Home Depot, Michael’s, PetSmart and TJ Maxx

Net Lease Advisor

For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.

Location

20900 Frederick Road
Germantown, MD

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