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For Sale | Pep Boys | Philadelphia MSA

For Sale | Pep Boys | Philadelphia MSA

510 West Chester Pike, Havertown, PA 19083







Cap Rate


Building Size

7,600 SF

Marketing Description

Equity Retail Brokers is pleased to exclusively offer for sale a single-tenant net lease property, occupied by Pep Boys (The Pep Boys – Manny, Moe, & Jack). The property includes a 7,600 SF free-standing building that operates as service repair facility for Pep Boys. The tenant has operated at this location since 2010, and has shown their commitment to the site by exercising their previous two, 5-year lease extensions. Pep Boys currently has under 2-years remaining and no further options.

The Subject Property is situated directly on West Chester Pike (Route 3), with a traffic light and ingress/egress access from the divided highway. West Chester Pike is a highly trafficked road, with over 28,400 cars passing the site daily. Pep Boys benefits from the strong demographics in the market – over 197,000 people within 3-miles and average household incomes of above $134,000.

Investment Highlights

  • Strong Recession-proof Tenant
    • Subject Property is part of Pep Boy’s new prototype launch. The new model focusses on a repair shop build-out, moving away from their larger retail stores
  • Operating at this site since 2010
  • Two years left on current lease option
  • Large site – situated on nearly 1 acre (0.92 AC)

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