Average Sale and Lease Details
|Price Range 12mo avg:||$960K – $6.78M|
|$/sf 12mo avg:||$[number-format]322.28[/number-format]|
|CAP Rate 12mo avg:||6.46%|
|Typical Lease Type:||NNN|
|Building Size avg:||[number-format]7119[/number-format] SF|
|Lot Size avg:||1+/- acres|
About Pep Boys
About Icahn Enterprises L.P.
Icahn Enterprises L.P. (NASDAQ: IEP), a master limited partnership, is a diversified holding company engaged in ten primary business segments: Investment, Automotive, Energy, Metals, Railcar, Gaming, Mining, Food Packaging, Real Estate and Home Fashion.
About Pep Boys
Since 1921, Pep Boys has been the nation’s leading automotive aftermarket chain. With over 7,500 service bays in over 800 locations in 35 states and Puerto Rico, Pep Boys offers name-brand tires; automotive maintenance and repair; parts and expert advice for the Do-It-Yourselfer; commercial auto parts delivery; and fleet maintenance and repair. Customers can find the nearest location by calling 1- 800-PEP BOYS (1-800-737-2697) or by visiting www.pepboys.com.
Pep Boys Financial Highlights
|S&P Credit Rating:||BB+|
|Moody’s Credit Rating:||Ba3|
|Annual Revenue 2014:||$2.08B|
|Annual Revenue 2013:||$2.07B|
|Revenue Growth:||↑ 1 2013|
|Units (Jan. 2015)||[number-format]806[/number-format]|
|Average Units Volume:||$2.6M|
Icahn Enterprises L.P. (“Icahn Enterprises”; NASDAQ: IEP) announced on February 4, 2016 that it has closed its acquisition of The Pep Boys — Manny, Moe & Jack (“Pep Boys”; NYSE: PBY) in an all-cash transaction.
Recent Closings for Pep Boys and Similar Tenants