7441 Hillwood Dr Gainesville, VA 20155
NNN leased Jiffy Lube with 20 years remaining in Gainesville.
Type:Retail
Property size:
2,079 SF- Added:
- Aug 28, 2023
- Days on Market:
- 960
- Last Refresh:
- Mar 17 at 1:24 pm
Property Features for 7441 Hillwood Dr
General Information
- Standard status
- Active
- Size
- 2,079 SF
- Property subtype
- Retail
Listing agent Eric Carlton License #CA 01809955
Listing office Colliers - Los Angeles - Orange County, California
Listing date Aug 28, 2023
Source Crexi
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 Colliers - Los Angeles - Orange County, California
Overview
Gainesville Jiffy Lube Investment Opportunity
This single-tenant Jiffy Lube property in Gainesville, VA, is available for purchase. The property is subject to an absolute NNN lease with 20 years remaining on the term. Jiffy Lube has operated at this location since 2006 and recently signed a new 20-year lease in May 2022, demonstrating commitment to the site. The lease includes 5% rent increases every 5 years and two five-year option periods. The property is located in the main retail area of Gainesville, diagonally across from the Virginia Gateway Shopping Center, which features over 120 retail shops, restaurants, and service businesses, including Super Target, Best Buy, Hobby Lobby, Lowe’s, PetSmart, and HomeGoods. The property is near Jiffy Lube Live, an outdoor amphitheater with a seating capacity of 25,262, making it the largest music venue in the Washington Metropolitan Area. The building size is 2079 square feet. This is an opportunity to acquire an absolute NNN single tenant Jiffy Lube asset with a long-term lease and no landlord management responsibilities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Jiffy Lube Multicare
Auto Repair Shop
Similar Places Nearby
- Virginia Tire & Auto of Gainesville — 7471 Linton Hall Rd, Gainesville, VA 20155
- Ron's Used Tires — 14751 US-29, Gainesville, VA 20155
- Jireh Tire — 7677 Vinewood Ct, Gainesville, VA 20155
- Jiffy Lube Multicare — 7441 Hillwood Dr, Gainesville, VA 20155
- Gainesville Towing & Recovery — 7400 Hillwood Dr Suite B, Gainesville, VA 20155
Location Insight
- Map
- Local Demand
- City
- Gainesville
- County
- Prince William
- State
- Virginia
- Longitude
- -77.6166916
- Latitude
- 38.7954265
Nearby Similar for Sale
FAQs
What type of property is this?
Auto shop - NNN leased Jiffy Lube with 20 years remaining in Gainesville.
Where is this auto shop located?
The property is located at 7441 Hillwood Dr Gainesville, VA.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: Absolute NNN lease with 20 years remaining, providing a long‑term, passive income stream.; Located in the main retail cohort of Gainesville, diagonally across from Virginia Gateway Shopping Center with over 120 retail shops, restaurants and service businesses.; Strong tenant (Jiffy Lube) operating at this location since 2006, demonstrating the strength of the location, and recently signed a new 20‑year lease in May 2022.
