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Retail Space in Courthouse Commons
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5231 Monticello Ave, Williamsburg, VA

Retail space available in vibrant shopping center near Fresh Market.

Space Size2,103 SF
Lot Size3.54 Acres
Days on Market689

Property Features for 5231 Monticello Ave

General Information

Standard status Active
Size 2,103 SF
Lot size 3.54 Acres
Property subtype RETAIL

Spaces For Lease

at 5231 Monticello Ave Contact us

5231 Monticello Ave

Floor
1
Size
2,103 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
Courthouse Commons stands as a vibrant retail destination, centered around the bustling...
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Listing Agency: Colliers | Norfolk
Listed By: Steve Weinstein · License #VA0225079080
Source: Moodyscre
Added: Sep 24, 2024 Changed: Aug 8 Last Checked: Aug 12 at 9:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Norfolk

Investment Insights

Based on property information with market context.

Courthouse Commons is a retail destination anchored by Fresh Market, Starbucks, AT&T, Pure Barre, Massage Luxe and Great Clips. Located near the intersection of Route 199 and Monticello Avenue, the center benefits from a traffic flow of 32,000 vehicles per day. The location is designed to serve the affluent households and growing population of Hampton Roads. The property is conveniently located near the College of William & Mary, a daytime office population, and seasonal tourist destinations. Available space is approximately 2103 square feet.

Key Highlights

  • High traffic location: 32,000 vehicles per day.
  • Anchored by Fresh Market and national brands (Starbucks, AT&T, Pure Barre, Massage Luxe, Great Clips).
  • Strategic location near Route 199 and Monticello Avenue.

Property Analytics

Current Use

Williamsburg Center for Myofunctional ... Dental Office Robert Ramirez-Realtor Real Estate Agency The Fresh Market Grocery & Convenience Store Williamsburg Realty of Virginia Real Estate Agency Court House Cleaners (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store HVAC Service Electrical Service Storage Facility Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,241
Businesses Nearby
436k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 26% Groceries 23% Shops & Services 20% Home Improvements & Furnishings 11%
Walmart Neighborhood Market Groceries
45,768 visits/mo 0.1 miles
Trader Joe's Groceries
35,876 visits/mo 0.1 miles
HomeGoods Home Improvements & Furnishings
27,131 visits/mo 0.2 miles
Wendy's Dining
21,761 visits/mo 0.5 miles
Belk Apparel
21,220 visits/mo 0.4 miles

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • New Town Commercial Association 4801 Courthouse St, Williamsburg, VA 23188
  • WindsorMeade Market Place WindsorMeade Marketplace Shopping Center, 4940 Monticello Ave, Williamsburg, VA 23188
  • Settlers Market 4645 Casey Blvd, Williamsburg, VA 23188
  • Monticello Marketplace 4680 Monticello Ave, Williamsburg, VA 23188

Frequently Asked Questions

What type of property is this?
Shopping center - Retail space available in vibrant shopping center near Fresh Market.
Where is this shopping center located?
The property is located at 5231 Monticello Ave Williamsburg, VA.
What are key features of this property?
This property features: High traffic location: 32,000 vehicles per day.; Anchored by Fresh Market and national brands (Starbucks, AT&T, Pure Barre, Massage Luxe, Great Clips).; Strategic location near Route 199 and Monticello Avenue.
(757) 640-8238 Call to check price and availability
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