7441 Hillwood Dr, Gainesville, VA 20155
NNN leased Jiffy Lube with 20 years remaining in Gainesville.
- 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
Listing office Colliers - Los Angeles - Orange County, California (949) 724-5561
Listing date Aug 28, 2023
Source Crexi
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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
Current Use by Public Records
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