About the Property

The subject property is located in Glendale, Arizona. Glendale is nine miles north of downtown Phoenix. The Arrowhead Towne Center Mall is located 1.5 miles east of the subject property. It is currently the only enclosed shopping mall in the West Valley suburbs of Phoenix, though several new malls are in the planning stages. Some of the other national tenants close to the subject property include: McDonald’s, Taco Bell, KFC, Wendy’s, Subway, Whataburger, and Kmart.

Tenant

Pep Boys Manny Moe & Jack (NYSE: PBY) is a full-service automotive aftermarket
chain. In 1921, Maurice L. (Moe) Strauss, Emanuel (Manny) Rosenfeld and W. Graham (Jack) Jackson opened the first “Pep Auto Supplies” store in Philadelphia, Pennsylvania. They took the original name from a product carried in the store, called “Pep Valve Grinding Compound.”

Pep Boys currently has 593 stores and over 6,000 service bays in 36 states and Puerto Rico. Along with its vehicle repair and maintenance capabilities, the company also serves the commercial auto parts delivery market and is one of the leading sellers of replacement tires in the United States. Pep Boys is America’s leading automotive aftermarket retail and service chain, with billions of dollars in aftermarket sales. To support this demand, Pep Boys currently has five DCs (Distribution Centers) located throughout the U.S. These DCs are located in: Chester, New York; Atlanta, Georgia; Dallas, Texas; Indianapolis, Indiana; and San Bernardino, California.

Detail Information

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