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Pep Boys 8705 N Dale Mabry Hwy 4,756 SF Retail Building Tampa, FL 33614 $2,165,000 ($455.21/SF) 6.85% 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
$2,165,000
Price Per SF
$455.21
Cap Rate
6.85%
NOI
$148,255
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 |
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | U-21-28-18-ZZZ-000000-94890.0 | Improvements Assessment | $835,880 |
| Land Assessment | $820,320 | Total Assessment | $1,656,200 |
Property Taxes
Parcel Number
U-21-28-18-ZZZ-000000-94890.0
Land Assessment
$820,320
Improvements Assessment
$835,880
Total Assessment
$1,656,200
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Pep Boys | 8705 N Dale Mabry Hwy
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