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Gainesville Jiffy Lube Investment Opportunity

7441 Hillwood Dr, Gainesville, VA 20155

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For Sale

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NNN leased Jiffy Lube with 20 years remaining in Gainesville.

Type:Retail

Property size:

2,079 SF

Price / SF:

$1,659/SF

HighLights

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.
Zero landlord management responsibilities due to the absolute NNN lease.
Lease includes 5% rental increases every 5 years, providing a hedge against inflation.
Proximity to Jiffy Lube Live (Live Nation), a major outdoor amphitheater with a seating capacity of over 25,000.

We can help!

Contact an agent

Eric Carlton

For Sale

Contact for pricing

NNN leased Jiffy Lube with 20 years remaining in Gainesville.

Type:Retail

Property size:

2,079 SF

Price / SF:

$1,659/SF

Added:: Aug 28, 2023
Days on Market:: 1045
Last Refresh:: Jul 4 at 11:35 pm

Property Features for 7441 Hillwood Dr

General Information

Standard status: Active
Size: 2,079 SF
Property subtype: Retail

We can help!

Contact an agent

Eric Carlton

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

HighLights

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.
Zero landlord management responsibilities due to the absolute NNN lease.
Lease includes 5% rental increases every 5 years, providing a hedge against inflation.
Proximity to Jiffy Lube Live (Live Nation), a major outdoor amphitheater with a seating capacity of over 25,000.

Overview

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 Location Intelligence

Current Use by Public Records

Jiffy Lube Multicare Auto Repair Shop

Suggested Use

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

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For sale
Auto shops
VA
Gainesville
20155
7441 Hillwood Dr

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.