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$2,630,000
Est. payment /mo
3,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $876
MLS Listing ID 675792
HOA Y/N No
Year Built 2022
Tax Year 2026
Lot Size 0.910 Acres
Acres 0.91
Property Sub-Type Building
Property Description
This 0.9-acre triple-net site is outparcel to Charlottesville Fashion Square and is positioned along one of the market's premier retail corridors. Seminole Trail (U.S. 29), the site's primary access road, carries over 55,000 VPD with dense co-tenancy including Walmart, Costco, and Whole Foods. The lease features 10% rent escalations every five years with tenant responsibility for taxes, insurance, and maintenance, while the University of Virginia's $5.9 billion regional economic impact anchors long-term demand. The PD-SC zoned site also includes a future developable pad, offering investors a value-add opportunity alongside stable NNN cash flow.
Location
State VA
County Albemarle
Zoning HC Highway Commercial
Direction Along Seminole Trail
Interior
Fireplace No
Others
Tax ID 06100-00-00-134A0
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Listed by Cottonwood Commercial LLC
Nearby Locations
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