Former Jiffy Lube

• Rare Second-Generation Auto Service Opportunity — Well-maintained automotive service property offering the potential for immediate occupancy or backfill by a new operator, reducing downtime and minimizing conversion costs.
• Flexible Redevelopment & Repositioning Potential — Zoned to accommodate a wide range of commercial uses, including retail, restaurant, office, automotive, service, hotel/motel, commercial parking, and other permitted uses. Contact broker for zoning details and permitted uses.
• Strong Surrounding Demographics — Serving a population of approximately 200,000 residents within a five-mile radius, supported by continued residential growth and a well-established consumer base.
• Excellent Retail Synergy — Surrounded by nationally recognized retailers and daily traffic generators, including Wawa, 7-Eleven, Dollar Tree, CITGO, CVS, Taco Bell, and numerous additional national brands.
• Fee Simple Ownership — Investors acquire fee simple ownership of both the land and improvements, providing complete control of the real estate and long-term investment flexibility.
• High-Traffic Commercial Corridor — Positioned along North Laburnum Avenue, which carries approximately 28,000 vehicles per day, providing outstanding visibility and convenient customer access.
• Prime Richmond Location — Located within the Richmond metropolitan area, Virginia’s capital and one of the Mid-Atlantic’s strongest economic and commercial markets, benefiting from a diverse employment base and continued population growth.
• Potential Tax Benefits — Automotive service properties may offer opportunities for accelerated depreciation and other tax advantages. Prospective buyers should consult their tax and accounting advisors regarding their specific circumstances.