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Investment Highlights

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

Executive Summary

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.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,435 SF
Building Class
C
Year Built
2022
Price
$1,767,791 CAD
Price Per SF
$1,231.91 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.63 AC
Zoning
HB

Amenities

  • Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100

Nearby Major Retailers

Starbucks
Outback Steakhouse
Waffle House
Cracker Barrel Old Country Store
Texas Roadhouse
First Bank And Trust
Applebee's
Five Guys
Buffalo Wild Wings
Woodforest National Bank

Property Taxes

Property Taxes

Parcel Number
51 21 - 5
Land Assessment
$586,497 CAD
Improvements Assessment
$746,924 CAD
Total Assessment
$1,333,421 CAD
  • Listing ID: 40145504

  • Date on Market: 2026-04-14

  • Last Updated:

  • Address: 2000 Rosser Ave, Waynesboro, VA 22980

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