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Auto Shop with NNN Lease
New
For Sale
$2,016,667

2075 East Market Street, Harrisonburg, VA 22801

East Market Street service property with recurring lease escalations and franchisor guaranty.

Property Size2,940 SF
Days on Market5

Property Features for 2075 East Market Street

General Information

Standard status Active
Size 2,940 SF
Property subtype Retail - Street Retail

Site & Location

Traffic Count 29,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Building Size 2,940 SF
Year Built 1989
Year Renovated 2022
Listing Agency: Cottonwood Commercial
Listed By: Tim Reamer · License #0225195571
Source: Commercialcafe
Added: Aug 25 Changed: Aug 27 Last Checked: Aug 28 at 7:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cottonwood Commercial

Investment Insights

Based on property information with market context.

This auto shop at 2075 East Market Street is an existing commercial property built in 1989 and subject to a 15-year triple-net lease. Lease terms include a 10% rent increase every five years, with the next adjustment scheduled for April 2027. The lease also includes a guaranty from Quick Lube of Carolina, LLC.

The property is positioned along Harrisonburg’s East Market Street retail corridor, where approximately 29,000 vehicles pass daily. The corridor connects traffic moving between Interstate 81 and Rockingham County and is supported by nearby national retailers including Walmart, Target, Costco, Home Depot, Lowe’s, and Kroger. James Madison University and Sentara RMH Medical Center are also within the surrounding commercial area, with the hospital located less than three miles from the property.

Harrisonburg is served by Interstate 81 and U.S. Route 33, providing regional connections across the Shenandoah Valley and into the Washington, D.C. metropolitan area.

Key Highlights

  • Auto shop at 2075 East Market Street, Harrisonburg, VA 22801
  • 15‑year triple‑net lease in place
  • 10% rent escalation every five years; next increase scheduled for April 2027

Property Analytics

Current Use

Take 5 Oil ... Auto Repair Shop

Suggested Use

Top Pick Electrical Service HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

29,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

812
Businesses Nearby
548k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Apparel 28% Groceries 22% Superstores 21% Dining 16%
Target Superstores
115,385 visits/mo 0.3 miles
Martin's Food Market Groceries
60,219 visits/mo 0.2 miles
DICK'S Sporting Goods Apparel
54,107 visits/mo 0.4 miles
Kohl's Apparel
41,209 visits/mo 0.2 miles
McDonald's Dining
37,670 visits/mo 0.3 miles

Demographics for 22801, VA

40,460
Population
15,820
Households
2.6
Avg Household Size
29
Median Age
43%
College-Educated
89%
High-School Grad
33.9 sq mi
ZIP Area
1,194
Density / Sq Mi
$70,779
Median Household Income
$29,241
Median Earnings
$1,235
Median Rent
$340,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Carwash Redimidos por Cristo / Mobile Car Wash 138 B Chestnut Ridge Dr, Harrisonburg, VA 22801
  • Joe Bowman Chevrolet 2455 E Market St, Harrisonburg, VA 22801
  • Joe Bowman Chevy Service 2455 e market st, harrisonburg, va 22801
  • TotalAuto Electric Solutions 228 Emerald Dr, Harrisonburg, VA 22801
  • Steven Nissan Service Center 2275 E Market St, Harrisonburg, VA 22801

Frequently Asked Questions

What type of property is this?
Auto shop - East Market Street service property with recurring lease escalations and franchisor guaranty.
Where is this auto shop located?
The property is located at 2075 East Market Street Harrisonburg, VA.
What is the asking price?
The asking price for this property is $2,016,667.
What are key features of this property?
This property features: Auto shop at 2075 East Market Street, Harrisonburg, VA 22801; 15‑year triple‑net lease in place; 10% rent escalation every five years; next increase scheduled for April 2027
More about this property
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