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Pep Boys - 1223 Ringwood Avenue, Haskell, NJ

Property Details

  • Price :

  • Square Feet :

  • Cap Rate :

  • $1,183,000

  • 5,100

  • 7.25%

  • NOI :

  • Acres :

  • $85,800

  • 0.40

  • Property Type :

  • Property Status :

  • Net Lease

  • Available

Investment Highlights

  • Single Tenant Pep Boys Located in Haskell, Passaic County, New Jersey 
  • Corporate Guarantee – Pep Boys Operates Over 1,000 Locations in 35 States & Puerto Rico
  • Pep Boys Has Been in Operation Since 1921 and is Currently Owned by Icahn Enterprises L.P. (NASDAQ: IEP)
  • 5-Year Renewal Option Exercised Over 1 Year Early Showing Commitment to Location
  • 10% Rental Increase at Each Option Period
  • Excellent Visibility on Ringwood Avenue Which Sees Over 18,000 Cars Per Day
  • Conveniently Located Near I-287, a 102,000+ Vehicle Per Day Highway
  • Average Household Income Within a 5-mile Radius is Over $154,000
  • Nearby National Retailers Include CVS, 7-Eleven, United States Postal Service, Dunkin', Burger King, QuickChek, Lakeland Bank, and Stop & Shop.

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