2000 Rosser Ave - Auto Repair FOR SALE


Waynesboro, VA 22980
$1,283,333 USD
540-271-7525
2000 Rosser Ave, Waynesboro, VA for Sale
$1,283,333 USD
Auto Repair - FOR SALE
1/7
null | Request Cap Rate

2000 Rosser Ave
Waynesboro, VA 22980


HIGHLIGHTS

  • Absolute NNN Ground Lease with Zero Landlord Responsibility
  • High-Visibility Outparcel on Primary Commercial Corridor Rosser Avenue
  • Shenandoah Valley Market with Strong Institutional Anchors
  • Proven Operator with Strong Guarantor
  • Price: $1,283,333 | Cap: 6.00%

OVERVIEW

Take 5 operates under an absolute triple-net ground lease, assuming full responsibility for real estate taxes, property insurance, utilities, maintenance, and all structural obligations including roof, structure, and parking lot. The lease features 10% rent escalations every five years through the initial term and all four renewal options. he property is an outparcel to Waynesboro Marketplace, situated along U.S. Route 340/Rosser Avenue (29,000 AADT) with immediate access to Interstate 64 (43,000 AADT). The subject is adjacent to Chipotle, Aspen Dental, Sheetz, Popeyes, and Texas Roadhouse, and shadow-anchored by a Walmart Supercenter. The surrounding retail corridor includes Target, Home Depot, Lowe’s, Best Buy, ALDI, Chick-fil-A, and more than a dozen other national tenants. Within a five-mile radius, more than 42,000 residents and a daytime population exceeding 46,800 generate consistent daily demand for automotive services. Take 5 Oil Change, founded in 1984, operates more than 900 locations across the United States and Canada, making it one of the largest and fastest-growing quick-lube franchises in North America.

FOR SALE DETAILS

PRICE

$1,283,333 USD

PRICE/SF

$894 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

TAKE 5 OIL CHANGE GROUND LEASE-WAYNESBORO, VA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

HB

APN/PARCEL ID

51 21 - 5

ASK ABOUT THIS PROPERTY

Tim ReamerCottonwood CommercialMore Info
540-271-7525

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Tim ReamerCottonwood CommercialMore Info
540-271-7525

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