Search
Leased Retail Strip Center
For Sale
Contact for pricing
Pending

2040 Abbey Road, Charlottesville, VA 22911

Newly constructed, five-tenant retail strip is 100% leased with Starbucks and Chipotle endcap operators.

Property Size10,518 SF
Lot Size1.67 Acres
Days on Market136

Property Features for 2040 Abbey Road

General Information

Standard status Pending
Size 10,518 SF
Lot size 1.67 Acres
Property subtype Retail
Occupancy 100%

Site & Location

Traffic Count 40,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: Cushman & Wakefield Thalhimer - Glen Allen, Virginia
Listed By: Catharine Spangler · License #VA 0225196994
Source: Crexi
Added: Apr 10 Changed: Aug 23 Last Checked: Aug 22 at 6:27AM

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 Cushman & Wakefield Thalhimer - Glen Allen, Virginia

Investment Insights

Based on property information with market context.

Pantops Plaza is a newly constructed five-tenant retail strip totaling 10,518 square feet and currently 100% leased to a diverse tenant roster. The property features investment grade endcap operators including Starbucks and Chipotle, with long-term leases in place.

Located along the Richmond Road (VA Route 250) commercial corridor in Charlottesville, the center sits on approximately 1.67 acres between Sentara’s 176-bed Martha Jefferson Hospital and the Giant-anchored Rivanna Ridge Shopping Center. The site is less than one mile from Interstate 64 and benefits from multiple points of access from Richmond, Abbey and Rolkin Roads.

Public remarks indicate the property has exposure to over 40,000 vehicles per day, with monument signage opportunities available to support visibility. Pending hotel and commercial developments adjacent to the property are also expected to add daily traffic in the near term.

Key Highlights

  • Newly constructed 10,518 SF five‑tenant retail strip is 100% leased
  • Investment‑grade endcap operators Starbucks and Chipotle
  • Located on ±1.67 acres along Richmond Road (VA Route 250) in Charlottesville, VA

Property Analytics

Current Use

Jersey Mike's Subs Take-out & Catering Visiting Angels Senior ... Home Health Care Service Starbucks Cafe & Coffee Shop Chipotle Mexican Grill Restaurant Supercuts Hair Salon

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Nail Salon Hair Salon HVAC Service Kitchen & Bath Showroom

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

40,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,320
Businesses Nearby
194k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 69% Groceries 18% Shops & Services 11% Beauty & Spa 2%
Chick-fil-A Dining
56,966 visits/mo 0.3 miles
Giant Groceries
35,048 visits/mo 0.0 miles
Bojangles' Famous Chicken 'n Biscuits Dining
15,311 visits/mo 0.1 miles
Chipotle Mexican Grill Dining
14,831 visits/mo 0.1 miles
Jersey Mike's Subs Dining
11,970 visits/mo 0.1 miles

Demographics for 22911, VA

19,236
Population
8,254
Households
2.3
Avg Household Size
41
Median Age
60%
College-Educated
97%
High-School Grad
51.4 sq mi
ZIP Area
374
Density / Sq Mi
$121,556
Median Household Income
$66,139
Median Earnings
$1,882
Median Rent
$427,400
Median Home Value

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.

Frequently Asked Questions

What type of property is this?
Strip mall - Newly constructed, five-tenant retail strip is 100% leased with Starbucks and Chipotle endcap operators.
Where is this strip mall located?
The property is located at 2040 Abbey Road Charlottesville, VA.
What are key features of this property?
This property features: Newly constructed 10,518 SF five‑tenant retail strip is 100% leased; Investment‑grade endcap operators Starbucks and Chipotle; Located on ±1.67 acres along Richmond Road (VA Route 250) in Charlottesville, VA
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message