Land Lease Opportunity
For Lease
Contact for pricing
400 People Pl, Charlottesville, VA 22911
Land approved for a 50,000 square foot building.
Space SizeContact for details
Property Size50,000 SF
Days on Market1989
Property Features for 400 People Pl
General Information
Standard status
Active
Size
50,000 SF
Class
A
Total Parking Spaces
60
Property subtype
Retail, Land, Special Purpose
Building Details
Building Size
50,000 SF
Tenancy
Multiple
Spaces For Lease
at 400 People Pl Contact us- Type
- Land, Retail
- Availability
- Active
Land Lease or Build to suit
Listing Agency:
Enterprise Properties, LLC
Listed By:
Robert Dittmar · License #VA
(434) 974-4500
Source:
Crexi
Added: Mar 24, 2021
Changed: Aug 21
Last Checked: Sep 1 at 10:49PM
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 Enterprise Properties, LLC
Investment Insights
Based on property information with market context.
This property offers a build-to-suit or land lease option and is approved for the construction of a 50,000 square foot building. It is part of Pantops Park, which is planned to consist of two development phases incorporating two non-residential buildings. Phase I, completed in 2008, is the location of Virginia National Bank. Phase II is intended to accommodate a range of office, retail support, and professional businesses within a Class A, multi-story building. The location offers views of Monticello and the surrounding Blue Ridge Mountains. Pantops Park's design follows the New Neighborhood Model District, featuring walking paths through a park-like plaza and interconnected parking.
Key Highlights
- Build to Suit or land lease option available.
- Approved for a 50,000 square foot building.
- Class A, multi‑story building potential.**
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
915
Businesses Nearby
Explore this area
Business Placement
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 Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Land approved for a 50,000 square foot building.
Where is this commercial land located?
The property is located at 400 People Pl Charlottesville, VA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Build to Suit or land lease option available.; Approved for a 50,000 square foot building.; Class A, multi‑story building potential.**
