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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

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

broker

Eric Carlton

broker

Jereme Snyder

broker

Jake Haggard

broker

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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