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Jiffy Lube | 20 Year NNN Sale Leaseback Located in Major Retail Corridor
7441 Hillwood Dr, Gainesville, VA 20155
- For Sale $3,700,000
- Property Type Retail
- Lot Size 0.63 SF
- Date Updated Aug 07, 2022
We are pleased to offer to qualified investors an opportunity to purchase (fee simple) a single tenant absolute NNN lease Jiffy Lube asset located in Gainesville, VA with 20 lease years remaining. Operating at this location since 2006, Jiffy Lube recently signed a new 20-year lease in May of 2022, demonstrating the strength of this location. The lease also provides 5% increases every 5 years and includes (2), five-year option periods.
The subject property is well positioned in the main retail cohort of Gainesville; located diagonally to Virginia Gateway Shopping Center, which boasts a selection of over 120 retail shops, restaurants, and service-oriented businesses. Major retailers include Super Target, Best Buy, Hobby Lobby, Lowe’s, PetSmart, HomeGoods and many others. The property also benefits from its proximity to Jiffy Lube Live (Live Nation). Jiffy Lube Live is an outdoor live performance amphitheater for music concerts seating 25,262, making it the largest music-oriented venue in the Washington Metropolitan Area.
This is an excellent opportunity to purchase an absolute NNN single tenant Jiffy Lube asset, located in the main retail trade cohort, with a 20-year lease and zero landlord management responsibilities.
Available
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Location
- Walk Score ® Car-Dependent (37)
- Bike Score ® Somewhat Bikeable (39)
Powered by Walk Score ®
- City Gainesville, VA
- Neighborhood Somerset
- Zip Code 20155
- Market Washington DC Suburban Maryland
Points of Interest
Transportation
Fuel station
Parking
Restaurants
Stores
Broad Run
6.69 miles
Manassas
8.37 miles
Manassas Park
9.71 miles
7-Eleven
0.34 miles
Sunoco
0.34 miles
Wawa
0.35 miles
Wawa
0.38 miles
Shell
0.59 miles
Exxon
0.69 miles
BJ's Wholesale Gas Station
0.74 miles
BP
0.76 miles
7-Eleven
0.97 miles
7-Eleven
0.98 miles
Limestone Drive Park and Ride
1.35 miles
University Boulevard (Gainesville) Park and Ride Lot
1.49 miles
Bus Lot
3.47 miles
Meter Parking (ME)
5.32 miles
Faculty/Staff Parking (A1)
5.32 miles
Student Parking (B1)
5.33 miles
Student Parking (B1)
5.34 miles
Faculty/Staff Parking (A2)
5.42 miles
Official State Vehicle Parking (O)
5.44 miles
Beacon Hall - Resident Parking Lot
5.46 miles
McDonald's
0.07 miles
IHOP
0.34 miles
Rockwood
0.35 miles
KFC
0.37 miles
Joe's Pizza and Subs
0.38 miles
Qdoba
0.39 miles
Taco Bell
0.39 miles
Roy Rogers
0.40 miles
Paisano's Pizza
0.40 miles
Potbelly
0.42 miles
Giant
0.48 miles
Target
0.56 miles
Harris Teeter
0.90 miles
ALDI
1.85 miles
Ross
1.95 miles
Wegmans
2.12 miles
Kohl's
2.13 miles
Walmart Supercenter
2.22 miles
Harris Teeter
2.72 miles
Giant
3.61 miles
Contacts
Eric Carlton
Jereme Snyder
Jake Haggard
Matt Gannon
Frequently Asked Questions
What is the total square footage of Jiffy Lube | 20 Year NNN Sale Leaseback Located in Major Retail Corridor?
Jiffy Lube | 20 Year NNN Sale Leaseback Located in Major Retail Corridor totals 2,079 square feet.
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