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Office Unit with Second-Floor Mezzanine
For Lease
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216-218 W Water St, Charlottesville, VA 22902

Second-floor and mezzanine office space available in a former World Strides space.

Space Size12,315 SF
Days on Market881

Property Features for 216-218 W Water St

General Information

Standard status Active
Size 12,315 SF
Property subtype OFFICE
Lease Type NNN

Additional Details

Floor 2 & Mezzanine
TI Allowance $75 /SF

Spaces For Lease

at 216-218 W Water St Contact us

Multi-level office $29/SF/Yr

Size
12,315 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
EH-2 space is the second floor and mezzanine areas of the former World Strides space. First...
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Listing Agency: COMPASS-Glenwood Station
Listed By: Chris Kabbash
Source: Moodyscre
Added: Mar 26, 2024 Changed: Aug 8 Last Checked: Aug 23 at 12:56PM

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 COMPASS-Glenwood Station

Investment Insights

Based on property information with market context.

EH-2 is an office unit consisting of second-floor and mezzanine areas of a former World Strides space. The space is offered in this configuration for the first time.

The suite is located at 216-218 W Water St in Charlottesville, VA.

Key Highlights

  • EH‑2 includes second‑floor office and mezzanine areas
  • Located in the former World Strides space
  • Office unit totals 12,315 SF

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Locksmith Storage Facility Adult Day Care

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
$4.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,514
Businesses Nearby

Demographics for 22902, VA

22,457
Population
12,134
Households
1.9
Avg Household Size
37
Median Age
57%
College-Educated
92%
High-School Grad
64.3 sq mi
ZIP Area
349
Density / Sq Mi
$91,162
Median Household Income
$52,555
Median Earnings
$1,572
Median Rent
$392,800
Median Home Value

Market

Lease Benchmarks for Charlottesville, VA

$13.38 /SF/Yr
Avg Asking Price
$12–$17.5 /SF/Yr
Price Range
4,831 SF
Avg Space Size

This space is priced 117% above the average of $13.38 /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 - Second-floor and mezzanine office space available in a former World Strides space.
Where is this office units located?
The property is located at 216-218 W Water St Charlottesville, VA.
What is the lease rate?
The lease rate is $29 SF/Yr.
What are key features of this property?
This property features: EH‑2 includes second‑floor office and mezzanine areas; Located in the former World Strides space; Office unit totals 12,315 SF
(434) 566-1978 Call to check price and availability
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