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INVESTMENT OFFERING

SAB Capital is pleased to present this Pep Boys site in Tallahassee, FL, approximately 4.1 miles Northeast of downtown.​ This is an absolute triple net offer (NNN), which will require zero responsibility of the landlord. ​Pep Boys is committed to a lease with a base term through June of 2029.​ Tallahassee is the capital of the state of Florida and the center of trade in the panhandle region.​ This property is located in a core retail trade area seeing 57,000 vehicles per day and surrounded by nearly one million square feet of retail.​

  • Pep Boys in Tallahassee, FL | Capital City of the State of Florida
  • Absolute Triple Net Lease (NNN) | Zero Landlord Responsibilities
  • Scheduled Rent Increase Set in 2024 | 7.7% Bump Serves as a Hedge Against Inflation
  • Located on a Heavily Trafficked Retail Corridor | 57,000+ Vehicles Per Day (VPD)
  • Attractive Market Demographics | 5-Mile Population: 139,000+ | 7.2% Increase Since 2010
  • Strong Income Demographics | 3-Mile AHI: $91,000+ Annually
  • Dense Trade Area | Over 940K Square Feet of Existing Retail Within One Mile of the Subject
  • Pad Site to a the Center Village Shopping Center | National Credit Anchors: Lowe’s and Publix
  • National Retailers Located Nearby : Wendy’s, Circle K, Subway, Mavis, McDonald’s, Firehouse Subs, Ruby Tuesday’s, Panda Express, Advance Auto Parts and Many More

Tenant Price Cap Rate Lease Type Square Feet Status
Pep Boys $2,050,000 % Closed

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