Pep Boys Guayama

Pep Boys in Guayama, Puerto Rico - Prime Investment Opportunity for Absolute NNN Sale

We are excited to present to you an exceptional investment opportunity - the Pep Boys property located in Guayama, Puerto Rico. This property offers a chance to acquire a highly desirable commercial asset on an absolute NNN lease agreement.

Investment Highlights:

• Recent lease renewal in 2022 demonstrates commitment and preference for this location based on continued success.
• Zero landlord responsibilities due to the absolute NNN lease. Tenant is responsible for all maintenance and operation at the property.
• Favorable annual rent increases based on CPI to track with inflation. Expected rent increases are 1.5% per year that continue into the renewal option periods.
• Tenant sales at this store have grown 13% from 2020 to 2022, resulting in a healthy rent-to-sales ratio that contributes to Tenant’s long-term success. Investors may inquire for additional details.
• Pep Boys is a corporate tenant that provides essential service and retail goods for vehicle maintenance to a customer base reliant on maintaining their existing vehicles.
• Pep Boys in Guayama serves an expanded, captive audience as the nearest Pep Boys locations are more than 10 miles in all directions and more than 23 miles to the east.
• The SuperCenter service and retail store format is prevalent in Puerto Rico to provide comprehensive vehicle care and outperform traditional parts stores.
• Located in Guayama’s center of commerce between two large chain supermarkets—Amigo and Supermercado Selectos—along busy Highway 54 with a large, towering pylon sign for Pep Boys.
• Cross-shopping occurs between Pep Boys, La Fuente Town Center, Walgreens, McDonald’s, and Amigo (supermarket) at the 13- acre retail destination.
• Nearby municipal customers for Pep Boys include the hospital (960 feet), police station (1,070 feet), and courthouse (1,400 feet), and the 50-acre recreational facility located 500 feet behind Pep Boys.
• Nearby schools include Inter American University (1,200 students), Technological Institute, and Dr. Rafael López Landrón School.
• United States mainland brands are abundant in Puerto Rico with locations in Guayama including Walmart, Marshalls, Burger King, Church’s Chicken, Taco Bell, Pizza Hut, Popeye’s (under construction), and many more.
• Investment in Puerto Rico presents safety and security associated with investment in the United States combined with upside of favorable tax advantages on qualifying business income and capital gains.
• Travelers from the United States can access the Caribbean Sea, mountains, and rainforest without a passport and the hassle of customs security.