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Virtual Drive-By

Pep Boys

10225 South Texas 6 · Sugar Land, TX 77498 · Auto Parts / Service

Asking price
$5,026,000
Cap rate
7.00%
NOI
$351,820

Need financing on this deal

We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.

Lease

Lease type—
Term remaining—
Expiration—
Rent bumps10% Every Option Period
Options—
Ground leaseNo
Credit profile—
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF14,380
Price / SF$350
Year built—
Lot size1.50 ac
TypeAuto Shop
Days on market76

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

  • ​15-year corporate lease featuring three, 5-year renewal options
  • ​10% rental increases in each renewal option
  • ​Tenant has successfully operated at the site for 9+ years through multiple economic cycles
  • ​Supply-constrained submarket, with high barriers to entry for sites featuring access and visibility along Hwy 6
  • ​Hwy 6 location with direct exposure to 43,000+ vehicles per day
  • ​Dynamic retail corridor serves both Sugar Land and Missouri City markets
  • ​Excellent demographics: 20,000+ people with average household incomes of over $87,000 in a 1-mile radius
  • ​Major housing developments in the immediate vicinity include: Marquis at Sugar Land (312 units), Provisions at Four Corners (131 units), Townewest, Sugar Grove and Woodbridge Estates
  • ​Neighboring retailers include: Home Depot, Aldi, Whataburger, CVS, Crash Champions

Property overview

A corporate Pep Boys with 10% rental increases in each of the renewal options.​ The subject property is positioned on a dense retail corridor with high visibility and immediate access to Hwy 6 (43,340 VPD).​

Take the next step on this property

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Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.