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Triple-Net Auto Service Ground Lease
For Sale
$1,283,333

2000 ROSSER AVE, Waynesboro, VA 22980

COMMERCIAL - WAYNESBORO, VA

Property Size1,435 SF
Lot Size0.63 Acres
Price / SF$894.31
Days on Market131

Property Features for 2000 ROSSER AVE

General Information

Property type Commercial Sale
Property subtype Other
Zoning HB Highway Business
Directions Located on Rosser Ave.
Subdivision Waynesboro
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 Changed: Aug 14 Last Checked: Aug 22 at 3:06AM
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

Current Use

Take 5 Oil ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm HVAC Service Auto Parts Store

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

328
Businesses Nearby
101k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 57% Home Improvements & Furnishings 33% Apparel 7% Hotels & Casinos 3%
Lowe's Home Improvements & Furnishings
31,934 visits/mo 0.4 miles
Cracker Barrel Old Country Store Dining
23,640 visits/mo 0.2 miles
Golden Corral Dining
19,380 visits/mo 0.2 miles
Waffle House Dining
8,040 visits/mo 0.1 miles
Goodwill Apparel
7,375 visits/mo 0.3 miles

Demographics for 22980, VA

33,049
Population
14,711
Households
2.2
Avg Household Size
43
Median Age
25%
College-Educated
91%
High-School Grad
74.5 sq mi
ZIP Area
444
Density / Sq Mi
$63,176
Median Household Income
$41,839
Median Earnings
$968
Median Rent
$256,000
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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Frequently Asked Questions

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
More about this property
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