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Suffolk, VA Take 5 Oil
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1975 N Main St, Suffolk, VA 23434

Take 5 Oil Change NNN lease in Suffolk, VA.

Property Size1,682 SF
Lot Size0.73 Acres
Price / SF$1,240
Days on Market229

Property Features for 1975 N Main St

General Information

Standard status Active
Size 1,682 SF
Lot size 0.73 Acres
Property subtype Retail
Occupancy 100%
Lease Type NNN
Investment Type Net Lease
Net Operating Income $120,000

Building Details

Year Built 2026
Tenancy Single
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Feb 10 Changed: Sep 21 Last Checked: Sep 26 at 6:46AM

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 SURMOUNT

Investment Insights

Based on property information with market context.

The property at 1975 North Main Street, Suffolk, VA 23434, is a Take 5 Oil Change situated on an estimated 0.73-acre parcel. The building has approximately 1,682 rentable square feet of space. It is subject to a 20-year Triple Net (NNN) lease, commencing upon the close of escrow. The annual rent is $120,000, with scheduled increases of 1.50% annually.

Key Highlights

  • Brand new 20‑year Triple Net (NNN) lease commencing upon close of escrow.
  • Annual rent of $120,000.
  • Scheduled rent increases of 1.50% annually.

Property Analytics

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Current Use

Auto shops

Suggested Use

Top Pick Law Firm HVAC Service Electrical Service Kitchen & Bath Showroom Building Supply Plumbing Service

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

Location Intelligence

Trade Area within ½ mile

395
Businesses Nearby
82k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 48% Shops & Services 31% Groceries 20% Home Improvements & Furnishings 2%
Aldi Groceries
16,202 visits/mo 0.1 miles
Hardee's Dining
11,884 visits/mo 0.2 miles
7-Eleven Shops & Services
9,881 visits/mo 0.1 miles
Dunkin' Donuts Dining
8,024 visits/mo 0.1 miles
SONIC Drive In Dining
7,802 visits/mo 0.5 miles

Demographics for 23434, VA

51,430
Population
21,764
Households
2.4
Avg Household Size
39
Median Age
26%
College-Educated
90%
High-School Grad
206.8 sq mi
ZIP Area
249
Density / Sq Mi
$75,798
Median Household Income
$47,291
Median Earnings
$1,242
Median Rent
$293,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

  • Caliber Collision — 1600 N Main St, Suffolk, VA 23434
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  • Mike Duman Collison Center — 2211 N Main St, Suffolk, VA 23434
  • Sawyer Automotive — 2420 Pruden Blvd, Suffolk, VA 23434
  • Starr Motors Collision Center — 2425 Pruden Blvd, Suffolk, VA 23434

Frequently Asked Questions

What type of property is this?
Auto shop - Take 5 Oil Change NNN lease in Suffolk, VA.
Where is this auto shop located?
The property is located at 1975 N Main St Suffolk, VA.
What is the asking price?
The asking price for this property is $2,086,957.
What are key features of this property?
This property features: Brand new 20‑year Triple Net (NNN) lease commencing upon close of escrow.; Annual rent of $120,000.; Scheduled rent increases of 1.50% annually.
(332) 345-4222 Call to check price and availability
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