Plymouth Meeting, PA, December 7, 2016 – Ed Ginn and Ken Yanni of Equity Retail Brokers recently represented the seller in the sale of a single tenant net-leased Pep Boys.
The 5,904 square-foot freestanding Auto Service Store is located on heavily trafficked Easton Road in the heart of Glenside, Montgomery County, Pennsylvania.
Currently headquartered in the Philadelphia neighborhood of East Falls, Pep Boys operates over 800 stores and approximately 7,500 service bays in 35 states nationwide. It also offers credit and parts delivery to commercial customers, such as repair shops, fleet operators, schools, and municipalities. The Pep Boys was founded in 1921 by Philadelphians Manny, Moe, and Jack. In 2016 Pep Boys was acquired by Icahn Enterprises Holdings L.P.
The investment sales team at Equity Retail Brokers has the experience, resources and know-how to ensure you will get the highest price for your asset.
If you would like more information about this transaction or our investment sales services, please contact Ed Ginn, 484.417.2201, eginn@equityretailbrokers.com, and Ken Yanni, 484.417.2223, kyanni@equityretailbrokers.com.