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Grandfathered for use as a barber shop. Sale price is $240,000.00.
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The property includes a two story 5,400sf building on .24 acres of land. It was built in 1981, and has been upgraded a couple of times, most recently with a rehabbed parking surface.
CORNER OF BUSY JEFFERSON AVE., DELI AND C-STORE. BEST LOCATION. OWNER WANTS TO RETIRE. 2560 SQ OF VERY CLEAN STORE WITH GOOD CLIENTS. COULD PUCHASE BUSINESS ONLY AT $200,000 PLUS INVENTORIES OR JUST BUY BLDG WITH BUSINESS.
THIS IS BUSINESS ONLY.... MUST SEE THIS BIG 3900 SQ STORE WITH GAS STATION AND CAR WASH TOO... PRICE TO BUY....
This convenience store is located in a well known shopping center on Warwick Blvd in Newport News! Convenient store has a full and operational kitchen inside. Low Rent! Must see to believe! Call Listing Broker for more information!
The subject property is a 2,656 +/- sf freestanding NNN Jiffy Lube located in Newport News, VA. The tenant, Lucor, Inc., is one of the largest Jiffy Lube franchisees in the country with over 175 locations throughout 7 states. The subject property has been a Jiffy Lube since 1998 and the tenant just recently exercised its 4th five year option which expires in 2024, with an 8% rental increase in 2019. The Lease contains one (1) more five (5) year option to extend with a 12.5% increase. Jiffy Lube International, with more than 2,000 franchised service centers in North America, serve approximately 22 million customers per day.
Great Reputation for Cuisine and Service Tremendous Clientele Following Excellent Income Demographics Convenient and Accessible Location
Building lends itself to alternative uses other than a church.
7-Eleven is now part of an international chain of convenience stores, operating under Seven-Eleven Japan Co., Ltd., primarily operating as a franchise. It is the largest chain store operator with approximately 55,000+ locations operating around the world, surpassing the previous record-holder McDonald' s Corporation in 2007. The company operates, franchises and licenses more than 10,300 stores in the U.S. and Canada. Of the more than 10,300 stores the company operates and franchises in the United States, approximately 8,000 are franchised.