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TAKE 5 OIL CHANGE GROUND LEASE-WAYNESBORO, VA 2000 Rosser Ave 1,435 SF Retail Building Waynesboro, VA 22980 $1,767,791 CAD ($1,231.91 CAD/SF)



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
Property Taxes
| Parcel Number | 51 21 - 5 | Improvements Assessment | $746,924 CAD |
| Land Assessment | $586,497 CAD | Total Assessment | $1,333,421 CAD |
Property Taxes
Parcel Number
51 21 - 5
Land Assessment
$586,497 CAD
Improvements Assessment
$746,924 CAD
Total Assessment
$1,333,421 CAD
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TAKE 5 OIL CHANGE GROUND LEASE-WAYNESBORO, VA | 2000 Rosser Ave
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