Upland Real Estate Group arranged the sale of a Pep Boys net lease investment property in Lakeville, Minnesota.
The property has more than eight years remaining on its lease, which includes increases in year six and each renewal option.
The tenant on hte lease, The Pep Boys — Manny, Moe & Jack of California, operates more than 326 Pep Boys stores.
The 6,480-square-foot property is located just north of a master-planned housing community.