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    120 Garrett St Charlottesville, VA 22902

    Sponsored
    For Lease
    Contact for pricing

    Modern Coworking Spaces Available

    Lot size:
    16,647 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Apex Plaza, located at 120 Garrett St, Charlottesville, VA 22902, offers exceptional coworking opportunities in a state-of-the-art, sustainable building. This 187,000 square foot mixed-use development represents a pioneering large-scale mass timber project in Virginia, showcasing innovative cross-laminated timber (CLT) construction. The building boasts a range of sustainable features, including a green roof and solar power, reflecting a commitment to environmental responsibility. Currently, there are multiple office spaces available, ranging from 1,500 to 15,147 square feet, ideal for businesses of various sizes. Apex Plaza is situated in the heart of Downtown Charlottesville, providing convenient access to amenities and vibrant city life. The building features light-filled office floors, multiple outdoor patio spaces offering stunning views of the Blue Ridge Mountains and the city, and is designed to attract like-minded Class A tenants. The building is above a parking garage, providing convenient parking for tenants and visitors. This unique property offers a blend of modern design, sustainable practices, and a prime downtown location, making it an attractive option for businesses seeking a sophisticated and environmentally conscious workspace. The property is classified as both Office and Retail, with a multiple tenancy structure.

    Property Features for 120 Garrett St

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,647 SF

    Unit(s) available at that property

    Space
    Level 2-OFFICE
    Size
    15,147 SF
    Space
    Level 3-OFFICE
    Size
    1,500 SF

    HighLights

    • Steps from Downtown Charlottesville.
    • Class‑A sustainable building with green roof and solar power.
    • Office space available now, ranging from 1,500 to 15,147 square feet, allowing for tenant improvements.
    • On‑site parking available for lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Morgan Stanley Financial ... Financial Consultant Norman Gee - Morgan ... Financial Consultant Apex Clean Energy Green Energy Supplier The Parker Group - Morgan ... Financial Consultant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Charlottesville
    County
    Albemarle
    State
    Virginia
    Longitude
    -78.4829988
    Latitude
    38.0288098

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    FAQs

    What type of property is this?
    Coworking space - Modern Coworking Spaces Available
    Where is this coworking space located?
    The property is located at 120 Garrett St Charlottesville, VA.
    What are key features of this property?
    This property features: Steps from Downtown Charlottesville.; Class-A sustainable building with green roof and solar power.; Office space available now, ranging from 1,500 to 15,147 square feet, allowing for tenant improvements.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 Garrett St Charlottesville, VA 22902
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