Restaurant Pad Site on Route
For Lease
Contact for pricing
355 Albemarle Square, Charlottesville, VA 22901
Restaurant opportunity fronting Seminole Trail/Route 29 in Charlottesville.
Space Size6,200 SF
Days on Market1133
Property Features for 355 Albemarle Square
General Information
Standard status
Active
Size
6,200 SF
Property subtype
Retail, Restaurant, Special Purpose
Lease Type
NNN
Building Details
Building Size
6,200 SF
Tenancy
Single
Spaces For Lease
at 355 Albemarle Square Contact us- Size
- 6,200 SF
- Type
- Restaurant, Retail, Special Purpose
- Lease Type
- NNN
- Availability
- Active
Suite 355
Listing Agency:
Keller Williams Realty Alliance Group Richmond West
Listed By:
Stuart Rifkin · License #VA
Source:
Crexi
Added: Jul 28, 2023
Changed: Aug 16
Last Checked: Sep 1 at 2:29AM
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 Keller Williams Realty Alliance Group Richmond West
Investment Insights
Based on property information with market context.
This is an opportunity to lease a restaurant outbuilding or pad site fronting Seminole Trail/Route 29. The site was formerly an Outback Steakhouse, and Texas Road House is located on the next pad. Aldi, a grocer, is directly behind the site in the main part of the shopping center, along with ACAC, a health club. The location has a high car count traveling in each direction. Five new tenants are coming, and the center is almost full. This is the only available restaurant space fronting the Route 29 corridor in the market.
Key Highlights
- Only available restaurant space fronting Route 29 corridor.
- High traffic location on Seminole Trail/Route 29.
- Former Outback Steakhouse location.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,357
Businesses Nearby
516k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 34%
Shops & Services 27%
Dining 23%
Groceries 12%
Belk
Apparel
52,550 visits/mo
0.5 miles
Chick-fil-A
Dining
52,238 visits/mo
0.4 miles
T.J. Maxx
Apparel
39,954 visits/mo
0.4 miles
Kroger
Groceries
36,601 visits/mo
0.5 miles
Sierra
Apparel
36,497 visits/mo
0.4 miles
Demographics for 22901, VA
36,938
Population
17,648
Households
2.1
Avg Household Size
40
Median Age
61%
College-Educated
94%
High-School Grad
52.2 sq mi
ZIP Area
708
Density / Sq Mi
$91,154
Median Household Income
$53,766
Median Earnings
$1,612
Median Rent
$473,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant opportunity fronting Seminole Trail/Route 29 in Charlottesville.
Where is this conventional restaurant located?
The property is located at 355 Albemarle Square Charlottesville, VA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Only available restaurant space fronting Route 29 corridor.; High traffic location on Seminole Trail/Route 29.; Former Outback Steakhouse location.
