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First-Floor Class-A Office Space
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968 Olympia Dr, Charlottesville, VA 22911

Class-A first-generation office suite totaling approximately 5,850 SF in a two-story brick building.

Space Size5,850 SF
Days on Market725

Property Features for 968 Olympia Dr

General Information

Standard status Active
Size 5,850 SF
Class A
Property subtype OFFICE

Additional Details

Highway Access Yes

Building Details

Stories 2

Spaces For Lease

at 968 Olympia Dr Contact us

968 Olympia Dr $25/SF/Yr

Floor
1
Size
5,850 SF
Type
OFFICE
Availability
AVAILABLE, Now
Sublease
No
- 5,850± SF of Class-A, first generation office space - Entire first floor of a...
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Listing Agency: Commonwealth Commercial
Listed By: Robbie Berndt · License #0225245568
Source: Moodyscre
Added: Sep 18, 2024 Changed: Sep 10 Last Checked: Sep 12 at 10:01AM

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 Commonwealth Commercial

Investment Insights

Based on property information with market context.

This Class-A first-generation office space consists of the entire first floor of a two-story office building. The exterior is presented with a modern brick facade, and the available area totals approximately 5,850 SF.

The property offers easy access to Route-250 and I-64, supporting convenient commuting and client access. The building configuration and layout are positioned to serve office and medical users.

The suite is offered for rent and is designed as a cohesive, first-floor footprint within the building, providing a straightforward option for organizations seeking a single, dedicated level.

Key Highlights

  • Approximately 5,850 SF of Class‑A, first‑generation office space
  • Entire first floor of a two‑story office building
  • Modern brick facade

Property Analytics

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Current Use

WW Associates Inc Civil Engineer

Suggested Use

Top Pick Building Supply HVAC Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Electrical Service Carpet & Flooring Store

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

634
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Charlottesville, VA

$15.7 /SF/Yr
Avg Asking Price
$12–$25 /SF/Yr
Price Range
4,450 SF
Avg Space Size

This space is priced 59% above the average of $15.7 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Class-A first-generation office suite totaling approximately 5,850 SF in a two-story brick building.
Where is this office units located?
The property is located at 968 Olympia Dr Charlottesville, VA.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Approximately 5,850 SF of Class‑A, first‑generation office space; Entire first floor of a two‑story office building; Modern brick facade
(804) 968-1151 Call to check price and availability
More about this property
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