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Triple-Net Auto Service Ground Lease

2000 ROSSER AVE Waynesboro, VA 22980

2000 ROSSER AVE, Waynesboro, VA, 22980
$1,283,333
For Sale
$1,283,333

COMMERCIAL - WAYNESBORO, VA

Property Size1,435 SF
Lot Size0.63 Acres
Price / SF$894.31
Days on Market101

Property Features for 2000 ROSSER AVE

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
HB Highway Business
Standard status
Active
APN
51-21-5
Size
1,435 SF
Lot size
0.63 Acres

Taxes and HOA fees

Tax Year
2026

Building Details

Year built
2022
Listing agency Cottonwood Commercial LLC
Listed by Tim Reamer · License #0225195571
Added: Apr 14 Updated: Jul 7 at 10:45AM Checked: Jul 23 at 4:06AM
MLS# 675786

Copyright © 2026 Harrisonburg-Rockingham Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This absolute triple-net ground lease is offered for an auto-related property set on a 0.63-acre site with 1,435 square feet of space. The lease structure is designed so the buyer has zero responsibility for real estate tax, property insurance, utilities, or maintenance fees. The lease term is 15 years, and it includes a recurring 10% rent escalation every five years, with the next escalation planned for August 2027.

The site is located along Rosser Avenue in Waynesboro’s primary commercial corridor, directly adjacent to Exit 94 along Interstate 64. Rosser Avenue traffic is reported at 29,000 vehicles per day, and the interstate also carries an additional 49,000 vehicles per day passing the area. The surrounding retail and dining mix includes high-profile national tenants such as Walmart, Chipotle, and Texas Roadhouse.

For buyers seeking a passive, NNN-style ownership structure, the absolute triple-net terms shift ongoing ownership costs away from the buyer. The standing lease is further supported by a guaranty from the franchisor, Quick Lube of Carolina, LLC.

Key Highlights

  • 2022‑built property offered as an absolute triple‑net ground lease
  • Located on Rosser Avenue in Waynesboro, directly adjacent to Exit 94 along Interstate 64
  • Traffic counts include 29,000 vehicles per day along Rosser Avenue and 49,000 vehicles passing through the interstate daily

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Take 5 Oil ... Auto Repair Shop

Suggested Use

Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm HVAC Service Auto Parts Store Hair Salon Storage Facility Electrical Service Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
NNN property - Absolute triple-net ground lease with guaranty backing along a major I-64 commercial corridor.
Where is this nnn property located?
The property is located at 2000 ROSSER AVE Waynesboro, VA.
What is the asking price?
The asking price for this property is $1,283,333.
What are key features of this property?
This property features: 2022‑built property offered as an absolute triple‑net ground lease; Located on Rosser Avenue in Waynesboro, directly adjacent to Exit 94 along Interstate 64; Traffic counts include 29,000 vehicles per day along Rosser Avenue and 49,000 vehicles passing through the interstate daily
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