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2001 S Pleasant Valley Rd Winchester, VA 22601

For Sale
$4,112,000

Corporate leased Pep Boys with over 8.5 years remaining.

Property size:
18,600 SF
Lot size:
2.80 Acres

Property Features for 2001 S Pleasant Valley Rd

General Information

Size
18,600 SF
Lot size
2.80 Acres

Source: NNN Pro Group Agent David "Dave" Weber

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

NNN Leased Pep Boys

This property features a corporate Pep Boys lease with over 8.5 years remaining on the primary term. Pep Boys is owned by Icahn Automotive, LLC, which was formed by its parent company, Icahn Enterprises, LP (NASDAQ: IEP). The tenant recently executed a 10-year extension, demonstrating a long-term commitment to this location. The property offers potential uses as an auto shop, automotive property, retail property, NNN property, or specialty property. An 8% rent increase is scheduled to occur in 3 and 1/2 years, increasing the cap rate to 6.75%. The property size is 18,600 square feet.
Insight Report Location Intelligence

Current Use by Public Records

Pep Boys Tire Shop

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

DS Automotive, Cochego Towing Services LLC, Swaggin Modifieds LLC, Brothers Window Tint, Alberto’s Auto Repair

Location Insight

  • Map
  • Local Demand
City
Winchester
County
Frederick
State
Virginia
Longitude
-78.1676201
Latitude
39.1639299

FAQs

What type of property is this?
Auto shop - Corporate leased Pep Boys with over 8.5 years remaining.
Where is this auto shop located?
The property is located at 2001 S Pleasant Valley Rd Winchester, VA.
What is the asking price?
The asking price for this property is $4,112,000.
What are key features of this property?
This property features: - Absolute NNN Corporate Pep Boys Lease; - Over 8.5 Years Remaining on Primary Term; - Early 10 Year Lease Extension Completed
More about this property
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