Henrico Jiffy Lube property sells for $2.2M
A private investor purchased a 4,210-square-foot property in Henrico County occupied by a Jiffy Lube for $2.2 million in late November, according Cushman & Wakefield | Thalhimer.
The automotive maintenance and servicing shop will continue to operate on the property at 5710 W. Broad St.
James Ashby IV of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the purchaser.
Navigator Real Estate LLC purchased the property in November 2001 for $520,000, according to Henrico County real estate assessment division records, and it was last transferred in January 2015 for $2.3 million.
Before the Jiffy Lube, the property was occupied by a Shell gas station, according to county records. The Shell was demolished in June 2001.