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Property profile & analytics
FOR SALE
Auto shops

711 E Gay St West Chester, PA 19380

11,439 SF 2.6 ac lot Built 1965
Individually Owned 13-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US73-1044544
Property summary
AI-generated overview

This exceptional retail property, located at 711 E Gay St in West Chester, Pennsylvania (zip code 19380), offers 22,356 total square feet in a single-story building. Currently, 11,400 square feet is available for lease. The property is ideally suited for a variety of uses, including but not limited to medical facilities (dialysis or plasma centers), daycare centers (child or pet), discount retail, furniture stores, tool and hardware retailers, and automotive-related businesses that do not directly compete with the existing tenant's tire and repair operations (examples include collision centers, auto glass shops, or auto parts stores that are not directly competitive). The existing tenant, Pep Boys, occupies the remaining space under a long-term ground lease and will continue their tire and auto repair operations. The former parts sales area, ranging from 3,200 to 11,400 square feet, is now vacant and ready for immediate occupancy. Negotiable cash allowances may be available for suitable tenants, contingent upon rent aligning with a reasonable return on investment for property improvements. This high-visibility location in West Chester offers significant potential for a variety of businesses seeking a prominent presence in a thriving community. The property's size and flexibility make it an attractive opportunity for businesses looking to expand or establish themselves in a strategic market.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1965
Total area 11,439 SF
Lot 2.6 ac (113,256 SF)
Zoning code C5
APN 5205F00090000
UPID US73-1044544
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • KeyMe Locksmiths Locksmith (Bike/Boat/Book/etc) Store
  • Pep Boys (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$460k
CAP Approach CAP
by Request
Comparable Approach Comparable
$974k
Blend (final) Blend
$720k
Owner & transaction history
Pep Boys-manny Moe · 13 yrs held
Pep Boys-manny Moe
since 2012
1 recorded transaction
2012
Price N/A
Zoning & alternative use
C5 · West Chester, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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