Your email has been sent.
Pep Boys | Chico, CA 1555 Mangrove Ave 18,196 SF 100% Leased Retail Building Chico, CA 95926 $2,872,000 ($157.84/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.
-
- Retailer
- -
- -
- -
Pep Boys began in Philadelphia in 1921 when Navy veterans Emanuel "Manny" Rosenfeld, Maurice "Moe" Strauss, W. Graham "Jack" Jackson, and Moe Radavitz opened an auto parts supply business under the Pep Auto Supply name. The company grew into an automotive aftermarket service chain and now centers its business on automotive service, tires, maintenance, repair, and fleet work through a nationwide network of Service and Tire Centers. The company has expanded its service settings beyond traditional retail locations, including work on U.S. Navy bases that extends Pep Boys' automotive offerings to military personnel and families. The company's mission emphasizes making quality car care simple, convenient, and accessible, while keeping its long-running service heritage at the center of operations.
| 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 | $2,219,492 |
| Land Assessment | $376,701 | Total Assessment | $2,596,193 |
Property Taxes
Presented by
Pep Boys | Chico, CA | 1555 Mangrove Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.